Banjo Education Corp. issued a 4%, $110,000 bond that pays interest semiannually each June 30 and December 31. The date of Issuance was January 1, 2017. The bonds mature after four years. The market interest rate was 68. Banjo Education Corp.'s year-end is December 31. (Use TABLE 14A.1 and TABLE 14A 2. Required: Preparation Component: 1. Calculate the issue price of the band. (Use appropriate factor(s) from the tables provided. Round the final answer to the nearest whole dollar.) Issue price of the bond 2. Prepare a general journal entry to record the issuance of the bonds. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the sold bonds on original issue date. Note: Enter debits before credits. General Journal Debit Credit Date January 01, 2017 Record entry Clear entry View general joumal 4. Prepare the first two years of an amortization table based on the effective interest method. (Do not round intermediate calculations. Round the final answers to the nearest whole Period Interest Expense Discount Amort. Unamortized Discount Carrying Value Period Ending Cash Interest Paid Jan. 1/17 June 30/17 Dec. 31/17 June 30/18 Dec. 31/18 5. Present the journal entries Banjo would make to record the first two interest payments. (Do not round intermediate calculations. Round the final answers to the nearest whole do View transaction list Journal entry worksheet Record the six months' interest and discount amortization. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2017