Hillside Issues $2,800,000 of 8%,15-year bonds dated January 1,2021 , that pay interestsemiannually on June 30 and December 31. The bonds are issued at a price of $3,427,190. Requlred: 1. Prepare the January 1 journal entry to record the bonds' Issuance. 2(a) For each semiannual period. complete the table below to calculate the cash payment. 2(b) For each semiannual period. complete the table below to calculate the straight-ine premium amortizattion. 2(c) For each semiannual period, complete the table below to calculate the bond literest axpense. 3. Complete the below table to calculate the total bond interest expense to be recognized overr the bonds bre. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entrles to record the first two interest payments. Complete this question by entering your answers in the tabs below. Prepare the January 1 journal entry to record the bonds' issuance. Journal entry worksheet Record the issue of bonds with a par value of $2,800,000 on January 1,2021 at an issue price of $3,427,190. Note: Enter debits before credits