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5 Problem 10-3A Straight-Line: Amortization of bond premium LO P3 Els Company issues 6.5%. five-year bonds dated January 1 2019, with a $250,000 par value.

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5 Problem 10-3A Straight-Line: Amortization of bond premium LO P3 Els Company issues 6.5%. five-year bonds dated January 1 2019, with a $250,000 par value. The bonds pay interest on June 30 and December 31 and are ud at a price of $255,333. The annual market rate is 6% on the issue date. Spoed Required: 1. Complete the below table to calculate the total bond interest expense over the bonds life 2. Prepare a straight-line amortization table for the bonds Ite. 3. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. below. TEREN Recured 2 METRES Refects Complete the below table to calculate the total band interest expense over the bonds life Total bond interest expense over life of bonds Amount read L Tours unt borrow Total bond interest expense Red 22

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