I have completed year 1July1 & Oct1. But am Stuck on Dec 31st (3rd journal entry in Year 1) And also need help with Year 2 & Year 3.

Copult blla Ul 5. (Appendix 1 present value tables in Appendix A at the ell OB).3,4 PR 14-4A Entries for bonds payable and installment note transactions year is the The following transactions were completed by Winklevoss Inc., whose fiscal calendar year Year 1, at a July 1. Issued $74,000,000 of 20-year, 11% callable bonds dated July 1, Year Interest i market (effective) rate of 13%, receiving cash of $63,532,267. semiannually on December 31 and June 30. Oct. 1, Borrowed $200,000 by issuing a six-year, 6% installment note to Nicks Bank. The note requires annual payments of $40,673, with the first payment occurring on September 30, Year 2. Dec. 31. Accrued $3,000 of interest on the installment note. The interest is payable on the date of the next installment note payment. 31. Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. Year 2 June 30. Paid the semiannual interest on the bonds. The bond discount amortization ob Sept. 30. Paid the annual payment on the note, which consisted Dec. 31. Accrued $2,570 of interest on the installment note. The interest is payable o $261,693 is combined with the semiannual interest payment. and principal of $28,673. the date of the next installment note payment. $261,693 is combined with the semiannual interest payment. of interest of $12,000 31. Paid the semiannual interest on the bonds. The bond discount amort amortizatio Chapter 14 Long-Term Liabilities: Bonds and Notes 713 Year 3 June 30. Recorded the redemption of the bonds, which were called at 98. The balance in the bond discount account is $9,420,961 after payment of interest and amor- tization of discount have been recorded. Record the redemption only Sept. 30. Paid the second annual payment on the note, which consisted of interest of $10,280 and principal of $30,393. Instructions 1. Journalize the entries to record the foregoing transactions. Round all amounts to the nearest dollar. 2. Indicate the amount of the interest expense in (a) Year 1 and (b) Year 2. 3. Determine the carrying amount of the bonds as of December 31, Year 2