On December 31, 2020, a company had the following bond on its statement of financial position: Bond payable, 8% interest due semi-annually on Dec 31 $5,000,000 and June 30; maturity date, Jun 30, 2026 Premium on bonds payable 65,000 $5,065,000 On February 28, 2021, 30% of the bond was retired for $1,530,000 plus accrued interest to February 28. Interest was paid on this date only for the portion of the bonds that were retired. Premium amortization was recorded on this date in the amount of $1,000 representing amortization on the retired debt only Question 1 (1 point) What is the amount of the debit to interest expense to record the bond interest on February 28? $19,000 $1,000 $20,000 $18,500 Question 2 (1 point) Which of the following will be part of the entry to record the bond interest on February 28? a credit to premium on bonds payable for $1,000 a credit to interest expense of $19,000 a debit to premium on bonds payable for $1,000 a credit to cash of $5,065,000 Question 3 (1 point) In the entry to record the bond retirement, cash will be credited by: $18,500 $5,000,000 O $1,500,000 $1,530,000 Question 4 (1 point) In the entry to record the bond retirement, what is the debit to bonds payable? $0 $1,500,000 O $1,530,000 $18,500 Question 5 (1 point) What is the amount of the gain or loss that will be recorded on this bond retirement? $1,000 $18,500 $11,500 $30,000