how should i calculate interst expenses

Sweetwood Company issues $5 million, 10-year, 9% bonds at 96, with interest p . BE 15 11 able on July 1 and January 1. The straight-line method is used to amortize bond discoun (a) Prepare the journal entry to record the sale of these bonds on January 1, 2014. (b) Prepare the journal entry to record interest expense and bond discount amortizatin for bonds Ount on July 1, 2014, assuming no previous accrual of interest