Luther Company bonowed monery by issung $2,400,000 of SW bonds parable at 102.2 on July 1,2021. The bonds are five-year bends and pay interest each January 1 and July 1 Feoad the coquiceneris 1. How much cash did Luther recolve when it issued the bonds payable? Journalive this transaction When it issued the bonds payable, Lutter ieceived Requirements 1. How much cash did Luther receive when it issued the bonds payable? Journalize this transiction. 2. How much must Luther pay back at mocinty? When is the maturity date? 3. How much cash interest wil Luther pay oach six months? 4. How much interest expense will Luther report each sk months? Use the straight-line amortization mothod. Journsize the entries for the accrual of interest and the arnortization of premium on Decomber 31, 2021, and payment of interest on Jancuary 1,2022