Bobby's Hamburgers issued 7%,10-year bonds payyable at 75 on December 31 , 2024. At December 31,2026 , Bobby reported the bonds payable as follows: Bobby's pays semiannual interest each June 30 and December 31. (Assume bonds payable are amortized using the straight-line Requirement 1. Answer the following questions about Bobby's bonds payable: a. What is the matunty value of the bonds? b. What is the carrying amount of the bonds at December 31, 2026? c. What is the semiannual cash interest payment on the bonds? d. How much interest expense should the company record each year? Requirement 2. Record the June 30, 2026, semiannual interest payment and amortization of discount. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.)