On January 1, 2018, ABC Company issued $200,000, 10%, 4 years callable1 bonds at $210,000, which pay interest semi-annually on June 30, and December 31. The bonds were sold for $187,580.41, since the market was 12%. In addition, On July 1, 2019, the company issued additional bonds with a face value of $400,000 that mature on June 30, 2029 for $427,355.48, since the market rate was 8%. The new bonds are non-callable bonds that has a stated rate of 9% payable every 3 months on March 31, June 30, September 30, and December 31. Moreover, on July 1, 2020, ABC Company called 30% of its outstanding bonds. Required: Based on the above given information, answer the following question: (a) What is the amount of interest expense that must be presented on ABC Company income statement for the year ended December, 31, 2018? (b) What is the amount of interest expense that must be presented on ABC Company income statement for the year ended December, 31, 2019? (c) What is the amount of interest expense that must be presented on ABC Company income statement for the year ended December, 31, 2020? (d) In the space below, show the presentation on the current and non-current liability on the statement of financial position as on 31/12/2020