Bhaz Conspany issucd $92000 dace yadue af bonds ous Jaruary 1 , Yeat 1. fhe bonits had a 8 percent staled rate of interest arst a ten. lised for amaintication Required a. Whe a financial 3aterments matkel ake the one shown below to demonstrate how (t) the January 1, Year 1, bond issue and (a) the compony's financial statementsi c. Deteinlie the amount of interest expense reported on the Yeat 1 income stateinent. d. Defermine the carrying value (tace value less discount of plak premium) of the bond liabil ty as of December 3 th, Year 2 . d. Determine the anmodint of interest expense reported on the Year 2 inchme staterment. Complete this question by entering your answers in the tabs belave. Lhe a firancial statements model like the one shown below to demonstrate bow (1) the January 1 , Year 1, bond issue ard (2) the December blanik Not all cetls will require entip.) d. Determine the carrying value (face value less discount of plus premium) of the bond liablimy as of December 32 Year 2 . c. Derermilne the amourt of interest expense reported on the Year 1 incoine statement. (i) e. Detemtine the amount of interest expense reported on the Yeat 2 income statement. Complete this question by entering your answers in the tabs below. b. Determine the carrying value (face value loss discount or plus prenilum) of the bond liabiuty as of December 31 , Year 1 . c. Determine the amount of interest expense reported on the Year 1 income statement