On January 1, 2017, Cameron Corporation issued five-year, 4% bonds payable with a face value of $2.700,000. The bonds were issued at 88 and pay interest on January 1 and July 1. Cameron amortizes bond discounts using the straight-line method. On December 31, 2019, Cameron retired the bonds early by purchasing them at a market price of 95. The company's fiscal year ends on December 31. Read the requirements Requirement 1. Journalize the issuance of the bonds on January 1, 2017. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit Credit Date 2017 Jan 1 Choose from any list or enter any number in the input fields and then continue to the next question. OnJanuary 1, 2017. Carneron Corporation sued fiv.year, 4% bords payati.., rke v.. of $2. January 1 and July 1. Cameron amortizes bond discounts using t at a market price of 95. The companys fiscal year ends on December 31 the straight-ine method. On December 31, 2019 Cameron retired the bonds early by purchasing them Read the reauirements Requirement 2. Record the semiannusl intereset payment and amortization of bond discount on y from any journal entries a 2017(lacond deits frst, then redits Exclude explanations Journal Entry Accounts Debit Credit Date 2017 Jul 1 ir On January 1, 2017, Cameron Corporation issued five-year, 4% bonds at a market price of 95. The company's fiscal year ends on December 31. Read the requirements payable with a face value of $2.700,000. The bonds were issued at 88 and pay interest on eron amortizes bond discounts using the straight-line method. On December 31, 2019, Cameron retired the bonds early by purchasing them Requirement 3. Record the interest accrual and discount amortization on December 31, 2017. (Record debits first, then credits. Exclude explanations from any jounal entries.) Journal Entry Accounts Debit Credit Date 2017 Dec 31 61 January 1 and July 1. Cameron amortizes bond discounts using the straight-line method. On December 31,2019, Cameron retired the bonds early by purchasing them at a market price of 95. The company's fiscal year ends on December 31 Read the requirements Date 2017 Dec 31 Requirement 4. Calculate the carrying value of the bonds payable on December 31,. 2019, prior to their retirement The carrying value of the bonds payable on December 31, 2019, prior to their retirement is $ On January 1, 2017. Cameron Corporation issued five-year, 4% bonds payable with a face value of S2 700,000. The bonds were issued at 88 and pay interest on January 1 and July 1. Cameron amortizes bond discounts using the straight-line method. On December 31, 2019, Cameron retired the bonds early by purchasing them at a market price of 95. The company's fiscal year ends on December 31. Read the reguirements Requirement 4. Calculate the carrying value of the bonds payable on December 31, 2019, prior to their retirement The carrying value of the bonds payable on December 31, 2019, prior to their retirement is Requirement 5. Calculate the gain or loss on the retirement of the bonds payable on December 31, 2019. Indicate where this gain or loss will appear in the financial statements. Cameron Corporation will report a(n) $ on the