Exercise 14-6 Straight-Line: Recording bond issuance and premium amortization LO P1, P3 Woodwick Company issues 10%, five-year bonds, on December 31, 2016, with a par value of $110,000 and semiannual interest payments Semiannual Period-End (0) 12/31/2016 (1) 6/30/2017 (2) 12/31/2017 Unamortized Premium $8,311 7,480 6,649 Carrying Value $118,311 117,480 116, 649 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2016 (b) The first interest payment on June 30, 2017. (c) The second interest payment on December 31, 2017