Nanton Corporation Issued $2,500,000 of 10.50%, 10 year bond on January 1, 2020. The bond pays interest annually at December 31 of each year. The bond yield rate is 10%. Present value factor of a single sum for 10 years at 10% = 0.35554 and present value factor of an ordinary annuity at 10% for 10Years = 6.14457. I Please show calculations where necessary and answer the following: (1) Show calculations for the selling price of the Bond on January 1, 2016 (2) The journal entry for the sale of the bond on January 1, 2020 (3) The interest paid at December 31, 2020 (4) The Interest expense as of December 31, 2020