nts Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $840 million on January 1, 2021. The bonds sold for $776,803,860 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Required: 1. to 3. Prepare the journal entries to record their issuance by Federal on January 1, 2021, Interest on June 30, 2021 (at the effective rate) and Interest on December 31, 2021 (at the effective rate). 4. At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet? Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet? (Enter your answers in whole dollars.) Period-End Cash Interest Paid Bond Interest Expense 01/01/2021 Discount Amortization Carrying Value 776,830,800 06/30/2021 12/31/2021 $46,200,000 46,200,000 46.609.852.409.852 46,609,806,209,852 46,634,443,434,443 ( 46,634,397,234,443 46,610,583,040,712