Elilis Company issues 6.5%, tive-year bonds dated January 1, 201, with a $bU,00 par value. I ne bonds pay interest on June 3U and December 31 and are issued at a price of $255,333. The annual market rate is 6% on the issue date. Required: 1. Compute the total bond interest expense over the bonds' life. 2. Prepare an effective interest amortization table for the bonds' life. 3. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Prepare an effective interest amortization table for the bonds' life. (Round your intermediate and final answers to the nearest whole doltar.)