Issuance of Long-Term Liabilities-Bonds

3) On 1/1/21, Pepsi issued a $90,000,000,10%,5-year bond that pays semiannual interest on June 30 and December 31 , receiving cash of $91,000,000 4) On June 30, 2021, Pepsi made the first interest payment of the bonds issued on Jan. 1. 2021. Use the SLM for the premium amortization