ELA Problem V- Continued anatome 103 Jempol - Valdon Kerry Washington Corporation issues 8%, five year bonds on December 31, 2022, with a par value of $100,000 and semi-annual interest payments. PART II - Assume that the Bonds were issued at 102. (use this information to answer Part II a, b and c) a) Prepare the entry to record the issuance of these bonds. (5 points) Date Account Title Debit Credit Prepare the entry to record the semiannual interest payments and amortization of the bond premium. Assume that Kerry uses the straight-line method for bond amortization. (5 points) Date 2023-2027 June 30 and Dec. 31 Account Title S Debit Credit l Assume that the issued bonds are callable bonds. The call option requires Kerry to pay a call premium of $3,000 to bondholders plus the par value. Assume that after the June 30 interest payment, the bonds have a carrying value of $104,500. On July 1, Kerry calls the bonds. Prepare the entry to record the retirement of the bond. (5 points)