Hillside issues $2,000,000 of 6%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,728,224. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. Record the issue of bonds with a par value of $2,000,000 on January 1, 2021 at an issue price of $1,728,224 2(a) For each semiannual period, complete the table below to calculate the cash payment. (add +,-,"*./) 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization. (add +,-,*,/) 2(c) For each semiannual period, complete the table below to calculate the bond interest expense. (add +,-,*,) Total bond interest expense over life of bonds: Amount repaid: payments of 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Complete the below table to calculate the total bond interest expenses to be recognized over the bonds life Par value at maturity Total repaid 0 Less amount borrowed Total bond interest expense 4. Prepare the first two years of a straight-line amortization table Note: Round your intermediate and final answers to the nearest whole dollar. 5. Prepare the journal entries to record the first two interest payments. Record the first interest payment on June 30. Record the second interest payment on December 31. Semiannual Unamortized Carrying Period-End Discount Value 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022