Check my Required Information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $600,000 of 7.0%, four year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $541,807 when the market rate is 10% Problem 10-4A Part 3 3. Prepare a straight-line amortization table for the bonds' first two years. Semiannual Period: Unamortized End Discount Carrying Value 01/01/2019 $ 58,193 541,807 06/30/2019 12/31/2019 06/30/2020 12/31/2020 The following information applies to the questions displayed below) Legacy issues $600,000 of 70%.four year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $541,807 when the market rate is 10% Problem 10-4A Part 4 4. Prepare the journal entries to record the first two interest payments Answer is complete but not entirely correct. No Credit Dato June 30 General Journal Bond interest exponse Discount on bonds payable Cash Debit 27.09 1 6,090 21,000 2 December 31 27,395 Bond interest expense Discount on bonds payable Cash 30 6.3953 21.000