Hambelton Ltd. issued $3,550,000 of 5% bonds payable on 1 September 20X9 to yield 4%. Interest on the bonds is paid semi-annually and is payable each 28 February and 31 August The bonds were dated 1 March 20X8. and had an original term of five years. The accounting period ends on 31 December. The effective interest method is used. (PV of $1. PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price at which the bonds were issued. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Price of Bond 2. Prepare a bond amortization table for the life of the bond (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter "0" wherever required.) Date Interest Payment Interest Expense Premium Unamortized Amortization Premium Net Bond Liability Opening 1 2 2 3 4 5 ON 6 7 7 3. Prepare journal entries to record the issuance of the bonds, payment of interest, and all necessary adjustments through to the end of 20x10. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Record the issuance of bonds at a premium. Note: Enter debits before credits. General Journal Debit Credit Date 1 September 20X9 Record entry Clear entry View general journal Journal entry worksheet 1 N 3 3 4 5 Record the accrual of interest expense. Note: Enter debits before credits. General Journal Date 31 December 20X9 Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2. 3 4 5 > Record the payment of interest on bonds. Note: Enter del before credits General Journal Debit Credit Date 28 February 20X10 Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the payment of interest on bonds. Note: Enter debits before credits. General Journal Date 31 August 20X10 Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet