Hillside issues $1,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $864,113 Required: 1. Prepare the January 1, 2018. journal entry to record the bonds issuance. 2a) For each semiannual period, complete the table below to calculate the cash payment. 2b) For each semiannual period, complete the table below to calculate the straight-line discount amortization 2) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of an amortization table using the straight-line method. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg1 Reg 2A to 2C Reg 3 Reg 4 Reg 5 Prepare the January 1, 2018, journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet View transaction list Journal entry worksheet Record the issue of bonds with a par value of $1,000,000 cash on January 1, 2018 at an issue price of $864,113. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01, 2018 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Reg1 Reg 2A to ZC Reg 3 Req 4 Reg 5 For each semiannual period, complete the table below to calculate the cash payment, straight-line discount amortization and bond intereste Par (maturityl value Annual Rate Year Semiannual cash interest payment Par (maturity) value + Straight-line discount amortization Discount on Bonds Payable Bonds price Semiannual periods Semiannual cash payment Discount amortization Bond interest expense Book Complete the below table to calculate the total bond interest e Total bond interest expense over life of bonds: Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense Piepale ure JVuildines w I LLUIU LEHIDL LIVU HLEIL payure View transaction list 1 Record the first interest payment on June 30, 2018. 2 Record the second interest payment on December 31, 2018. Credit Note : - journal entry has been entered Record entry Clear entry View general journal