need help with part b only

Bonita Hills Ltd. issued five-year bonds with a face value of $150,000 on January 1. The bonds have a coupon interest rate of 6% and interest is paid semi-annually on June 30 and December 31. The market interest rate was 4% when the bonds were issued at a price of 109. (a) Your answer is correct. Using above information, determine the proceeds received by the company when the bonds were issued. Proceeds from issue of the bonds 163500 e Textbook and Media Attempts: unlimited (b) X Your answer is incorrect. Determine the interest expense recorded for the six months ending June 30 when the first interest payment is made. Interest expense 4905 e Textbook and Media Save for Later Attempts: unlimited Submit