Campbeli, ine. produces and sols outdoor equipment. On July 1, 20Y1, Campbell issued $40,000,000 of 10 -year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $42,601,480. Interest on the bonds is payable semiannually on December 31 and June 30 . The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to recond the amount of cash proceeds from the issuance of the bonds. 2. doumalize the entries to record the following: a. The first semiannual interest payment on December 31, 20 Yt, and the amortization of the bond premum, using the interest method. b. The interest payment on June 30,20Y2, and the amontization of the bond premum, using the interest mothod: 3. Determine the total interest expense for 20Yt, 1. .loumalze the entry to record the amount of cash proceeds from the issuance of the bonds. 2a. Joumalize the entry to record the first semiannual interest payment on Docomber 31, 20Y1, and the amortization of the bond premum, using the interost mothod, General vaumal instructions How deer stodlos work? 2b. Joumalize the entry to record the interest payment on . June 30,20 V2, and the amartization of the bond promum, using the interost moshad. How does srading work? 3. Determine the total interest expense for 20Y1