Hillside issues $4.000.000 of 6%, 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 $4,895,980, Required: 1. Prepare the January 1 journal entry to record the bonds' issuance 2) For each semiannual period, complete the table below to calculate the cash payment 20) For each semiannual period, complete the table below to calculate the straight-line premium amortization 21 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 a straight-line amortization table 5. Prepare the journal entries to record the first two interest payments Journal entry worksheet 1 Record the issue of bonds with a par value of $4,000,000 on January 1, 2019 at an issue price of $4,895,980. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Ren 1 Reg 2 to 20 Reg 3 Reg 4 Reg 5 For each semiannual period, compute(a) the cash payment, (b) the straight-line premium amortization, and (c) the bond Interest expense. 2) Par (maturity value Annual Rate Year Semiannual cash Interest payment 2.1 Bond price Par (matarity value) Premium on Bonds Payable Semiannual periods Straight line premium amortization 210 Seminuo cesh Premium amortization Bond Interest 0xpose Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 31 Reg 4 Reg 5 Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 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 Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 20 Req 3 Reg 4 Req 5 Prepare the first two years of a straight-line amortization table. Semiannual Period- Unamortized End Premium 01/01/2019 Carrying Value 06/30/2019 12/31/2019 06/30/2020 12/31/2020 Journal entry worksheet I I >