Chapter Review 13-14 (Extra Credit Problem 14-3A Straight-Line: Amortization of bond premium LO P1, P3 Hiiside ssues $1600000 of 9%, 15-year bonds dated January 1 2017, that pay interest semannualy on June 30 and December 31. The bonds are issued at a price of $1.958.394 1 Prepare the Januery 1, 2017, jourmal entry to record the bonds issuance 2al) For each semiannuel perlod, complete the table below to calculate the cash payment 2ib) For each semiannual period, co-plete the table below to calculate the straight-line premium amortization 2ic) For each semiannual period, complese the table below to calculate the bond Interest expense. 1 Complete the below table to caiculate the totel bond interest expense to be recognized over the bonds ie 4. Prepare the irst two years of an amortization table using the straight line method 5. Prepare the journal entries to record the fest two inberest paymenes * Complete this questiom by entering your answers in the tabs below. Prepare the January 1, 2017, younal entry to record the bonds' issuence. Journal entry worksheet Recond the issue of bonds with a par value of $1600,000 cash on Januery 1 at an issue price of $1,958 394 C Prev 9 of 10 Next 6 8