Can you please procide correct info, also please provide explainations on how recieved each total

2016 July 1 Cash Discount on Bonds Payable Bonds Payable 63,532 267 10.467.733 74,000,000 Oct. 1 200,000 Cash Notes Payable 200.000 Dec. 31 3.000 Interest Expense Interest Payable 3,000 31 4,331,693 Interest Expense Cash Discount on Bonds Payable 4,070,000 261,693 31 4,334,693 Income Summary Interest Expense 4334693 2017 June 30 4,331,693 Interest Expense Cash Discount on Bonds Payable 4.070.000 261,683 Sept. 30 28.673 Notes Payable Interest Expense Interest Payable Cash 40.673 Dec. 31 2,570 Interest Expense Interest Payable 2570 31 4,331,693 Interest Expense Cash Discount on Bonds Payable 4,070,000 261,693 31 Income Summary Interest Expense 2018 June 30 Sept. 30 CAPP oute the price of 66,717,118 received for the bonds by using the present value tables in Appendix A at the end of the text. (Round to the nearest dollar.) PR 14-4A Entries for bonds payable and installment note transactions OBJ. 3, 4 The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year 2016 July 1. Issued $74,000,000 of 20-year, 11% callable bonds dated July 1, 2016, at a mar. ket (effective) rate of 13%, receiving cash of $63,532,267. Interest is payable semiannually on December 31 and June 30. Oct 1. Borrowed $200,000 by issuing a six-year, 6% installment note to Nicks Bank. The note requires annual payments of $40,673, with the first payment occurring on September 30, 2017 Dec. 31. Accrued $3.000 of interest on the installment note. The interest is payable on the date of the next installment note payment. 31. Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. 31. Closed the interest expense account. 2017 June 30. Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. Sept. 30. Paid the annual payment on the note, which consisted of interest of $12,000 and principal of $28,673. Dec 31. Accrued $2,570 of interest on the installment note. The interest is payable on the date of the next installment note payment. 31. Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. 31. Closed the interest expense account. 2018 June 30. Recorded the redemption of the bonds, which were called at 98. The balance in the bond discount account is $9,120,961 after payment of interest and amor tization of discount have been recorded. (Record the redemption only.) Sept. 30. Paid the second annual payment on the note, which consisted of interest of $10,280 and principal of $30,393. Instructions 1. Journalize the entries to record the foregoing transactions. Round all amounts to the nearest dollar 2. Indicate the amount of the interest expense in (a) 2016 and (b) 2017 3. Determine the carrying amount of the bonds as of December 31, 2017 ARM