J93,016 cash for the l should be paid to the holders of these bonds for interest? On the Casl 13, A company issued 10%, 10-year bonds with a par value of $1,000,000 on January 1, at a selling price of 885,295 when the annual market interest rate was 12%. The company uses the effective interest amortization method. Interest is paid semiannually each June 30 and December 31. (1) Prepare an amortization table for the first two payment periods using the format shown below: (2) Prepare the journal entry to record the first semiannual interest payment. Bond Interest Interest Cash Semiannual Interest Period Discount Unamortized Carrying Value Discount Paid Expense Amortization General Journal Credit Debit Account Description Date nlue of $800,000 and semiannual interest payments. On the