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Hillside issues $2,800,000 of 8%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The bonds are issued

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Hillside issues $2,800,000 of 8%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,419,512. Required: 1. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 2. Prepare the first two years of a straight-line amortization table. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Complete the below table to calculate the total bond Interest expense to be recognized over the bonds' life. Total bond Interest expense over lite of bonds Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond Interest expense Hillside issues $2,800,000 of 8%. 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,419,512. Required: 1. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 2. Prepare the first two years of a straight-line amortization table. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Prepare the first two years of a straight-line amortization table. Carrying Value Somiannual Period: Unamortized End Discount 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020

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