Banjo Education Corp. issued a 4%, $180,000 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 6%. Banjo Education Corp.'s year-end is December 31Use TABLE 14A.1 and TABLE 14A 2) Required: Preparation Component: 1. Calculate the issue price of the bond. (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.) Journal entry worksheet Record the sold bonds on original issue date. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2017 Record entry 3. Determine the total bond interest expense that will be recognized over the life of these bonds. (Do not round intermediate calculations Round your answer to the nearest whole dollar.) Total bond interest expense