Answe questions 1-5 in the picture provided

Example 2 (Interest rate swap fair value hedge: On 1/1/17, ABC Corporation issues S-year $1,000,000 bonds at par with a fixed interest rate of 8% payable semiannually (12/31 and 630. ABC enters into an interest rate swap contract with XYZ Corporation. ABC will make variable payments to XYZ and receive fixed payments from XYZ on a notional amount of S1,000,000. ABC designates the swap as a fair value hedge of the bonds. On 63017, the variable interest rate is 7.5% and the fair value of the bonds is S1,018,802, and the fair value of the swap is SI8,802. On 12/31/17, the variable interest rate is 7.8% and the fair value of the bonds is $1,006.761, and the fair value of the swap is S6.76. Prepare the journal entry to record the issuance of the bonds on 1/1/17 Prepare the journal entries to record the interest payments and the net cash settlement at 630/17 Prepare the journal entries to record the changes in the fair value at 63017 Prepare the journal entries to record the interest payments and the net cash settlement a 12/31/17 Prepare the journal entries to record the changes in the fair valuc at 12/31/17. 1. 2. 3. 4. 5