C Search Testbouk Solutions Com Problems Seved Help Save Exit Submit Check my work Es issues 8.0%, five-year bonds dated January 1, 2018, with a $600,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $648 185. The annual market rate is 6% on the issue date. Table B.1. Table 3.2. Table 8.3, and Table 3.4) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the total bond interest expense over the bonds ife. 2. Prepare an effective interest amortization table for the bonds' Ide. 3. Prepare the journal entries to record the first two interest payments. 4. Use the market rate at issuance to compute the present value of the remaining cash flows for these bonds as of December 31, 2020 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare an effective interest amortization table for the bonds' life. Premium Amortiration Unamortized Premium Carrying Value Balan interest Cash Interest Bond Interest Perlod End Paid Eins 01/01/2018 06/30/2018 12/01/2018 0630/2010 12/31/2010 06/30/2020 12/30/2020 06/302021 12/30/2021 00/30222 12/01.2022