How would I solve each part of the question?

On January 1, 2020, Indebt.com issued 5 year, $300,000 Bonds Payable at a contract or stated rate of 7%. The bonds provide a market rate of return of 8%. Interest is paid annually on January 1 of each year. Indebt.com has the following partial amortization schedule for these bonds. Interest Interest Carrying Value Date Paid Expense Discount Discount $300,000 - 7% Effective Rate Amortized Balance Discount Balance 8% 1/1/2020 at issue date 11,979 288 021 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 Instructions: Provide the following: (round answers to the nearest dollar, use the attached General Journal) 1. The issuance of the bonds on January 1. 2. The adjusting journal entry required on December 31, 2020 for the accrual of interest and any associated bond amortization. 3. The entry on January 1, 2021 for the interest payment. 4. The adjusting journal entry required on December 31, 2021 for the accrual of interest and any associated bond amortization In addition, determine the total amount of interest expense that the company will recognize and charge to the income statement over the 5-year life of the bonds