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Bruce's Hamburgers itsued 5%. 10-year bonds paryable at Bruce's pays semiarnual interest each june 30 and 75 on December 31, 2024. At December 31. 2026,

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Bruce's Hamburgers itsued 5%. 10-year bonds paryable at Bruce's pays semiarnual interest each june 30 and 75 on December 31, 2024. At December 31. 2026, Bnuse Docember 31. (Assurme boond payable me reported the bonds payable as follows: amoefized using the straight-line IIA (Click the icon to view the bonds payable.) arnoriation method.) Requirement 1. Answer the foliowing quettont about Bruce bonds payable: a. Whas is the maturity value of the bonds? b. What is the cariying amount of the bonds at December 21,2026 ? c. What is the semiannual cash intorest paymert on the bonds? d. How moch intorest expense should the corepany reoord each year? Requirement 2. Reoord the June 30, 2026, semiannual intorest paymert and amortization of discouct. (Record debis first, then creoits. Select the explanation on the last line of the joumal entry tabie.) Data table

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