Hilside issues $2,700,000 of 7%,15-year bonds dated January 1,2021 , that pay interest semiannually on June 30 and December 31 Problem 10-2A (Algo) Straight-Line: Amortization of bond premium LO P3 The bonds are issued at a price of $3,304,790 Required: 1. Prepare the January 1 joumal entry to record the bonds" issuance. 2(d) For ebch semiannual period, complete the table below to calculate the cash payment. 2(D) For cach semiannual period, complete the table below to calculate the straight-line premium amortization. 2(d) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below toble to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepate the first two years of a straight-fine amortization table. 5. Prepare the joumal entries to record the first two loterest payments. Complete this question by entering your answers in the tabs below. Prepare the January 1 joumal entry to recard the bonds' issuance