Lee's Hamburgers issued 7%, 10-year bonds payable at 85 on Lee's pays semiar December 31, 2024. At December 31, 2026, Lee reported the bonds (Assume bonds p payable as follows: amortization meth (Click the icon to view the bonds payable.) Read the requiren a. What is the maturity value of the bonds? $ 400,000 b. What is the carrying amount of the bonds at December 31, 2026? $ 352,000 c. What is the semiannual cash interest payment on the bonds? $ 14,000 d. How much interest expense should the company record each year? $ 34,000 Requirement 2. Record the June 30, 2026, semiannual interest payment and amortization of discount. explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit 2026 Jun. 30 Interest Expense Discount on Bonds Payable Cash Paid semiannual interest and amortized discount