Hillside issues $3,000,000 of 6%, 15-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $2,592,334. Required: 1. Prepare the January 1, 2017, 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-line discount amortization. 2(c) 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 Req 1 eq 2A to 2C Req 3 Req 5 Req 4 Prepare the January 1, 2017, journal entry to record the bonds' issuance Journal entry worksheet Record the issue of bonds with a par value of $3,000,000 cash on January 1, 2017 at an issue price of $2,592,334. Note: Enter debits before credits. Debit Date General Journal Credit Jan 01, 2017 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Req 4 Req 1Req 2A to 2C Req 3 Prepare the first two years of an amortization table using the straight-line method. Semiannual Period- Unamortized Req 5 Carrying Value End 01/01/2017 06/30/2017 12/31/2017 06/30/2018 12/31/2018 Discount Req 5 > Req 3 Journal entry worksheet 2 Record the first interest payment on June 30, 2017 Note: Enter debits before credits. Date General Journal Debit Credit Jun 30, 2017 Record entry Clear entry View general journal Journal entry worksheet 2 Record the second interest payment on December 31, 2017 Note: Enter debits before credits. Debit Date General Journal Credit Dec 31, 2017 Record entry Clear entry View general journal