Book Problem 10-3A Straight-Line: Amortization of bond premium LO P3 Ellis Company issues 8.5%, five-year bonds dated January 1, 2019, with a $540,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $597,579. The annual market rate is 6% on the issue date. Required: Print 1. Complete the below table to calculate the total bond interest expense over the bonds' life. 2. Prepare a straight-line amortization table for the bonds' life. rences 3. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a straight-line amortization table for the bonds' life. Semiannual Period- Unamortized End 01/01/2019 Premium Carrying Value $ 97,579 $ 597,579 06/30/2019 12/31/2019 06/30/2020 12/31/2020 060001