Dobbs Company is a public shareholding company. It is a large retail business that specializes in kids clothing. The company operates in Dubai and is planning to expand by having a new factory in Muscat. This expansion would cost Dobbs a large amount of money which the company doesn't currently have. The company decides to finance this expansion by issuing bonds. Dobbs Company issues 5%, two-year bonds, on December 31, 2019, with a par value of $110,000 and semiannual interest payments. Semiannual Period-End (0) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 (3) 6/30/2021 (4) 12/31/2021 Unamortized Discount $6,200 4,650 3,100 1,550 0 Carrying Value $103,800 105,350 106,900 108,450 110,000 Use the above straight-line bond amortization table and prepare journal entries for the following. Required: (a) The issuance of bonds on December 31, 2019. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2021