Allen Media Group issues $2,000,000 of 8%, 10 year bonds dated January 1, 2022, that pay semiannual interest on June 30 and December 31. The bonds were issued at a price of $2,175,000.

- Prepare the journal entry to record the bonds' issuance

- For each senana pertor, compute bone as payment, b. the straight-line discount,

and c. the bond interest expense.

Determine the bond interest expense over the life of the bond.