Duval Co. issues four-year bonds with a $100,000 par value on January 1, 2017, at a price of $95.952. Th annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31, Exercise 10-15 Straight-Line: Amortization table bond interest expense P2 le and 1. Prepare an amortization table like the one in Exhibit 10.7 for these bonds. Use the straight-line metho of interest amortization 2. Prepare journal entries to record the first two interest payments. 3. Prepare the journal entry for maturity of the bonds on December 31, 2020 (assume semiannual interest is already recorded)