Exercise #4: On January 1, 2017, Goll Corp issued 3,000 ofits 10%, $1,000 bonds for $3,120,000. These bonds were to mature on January 1, 2027 with a 9% market rate! Interest was payable semiannually on July 1 and January 1.Goll uses the effective-interest method of amortization. (a) Prepare all necessary journal entries for the year 2017 and 2018. (b) Identify the carrying value of the bonds on at year-end for 2017 and 2018