a) Blossom Co sold $2,080,000 of 12%, 10-year bonds at 105 on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on July 1 and January 1 If Blossom uses the straight-line method to amortize bond premium or discount, determine the amount of interest expense to be reported on July 1, 2017, and December 31, 2017. (Round answer to 0 decimal places, e.g. 38,548.) Interest expense to be recorded asia b) Blue Inc. issued $590,000 of 99 10-year bonds on June 30 2017 or $488,488. This price provided a yield ot 12% on he bonds. Interest s payable se annual y on December 31 and June 30 l Blue uses the effective-interest method, determine the amount of interest expense to record if financial statements are issued on October 31, 2017. (Round intermediate calculations to 6 decimal places, e.g. I.251247 and final answer to 0 decimal places, e.g. 38,548.) Interest expense to be recorded