On January 1, 2018, Splash City issues $360,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $386,781. value: Required information 0.58 points Required: 1. Complete the first three rows of an amortization table Carrying Value Decrease in Interest Expense Carrying Value Date Cash Paid 6/30/18 12/31/18 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record the bond issue. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2018 Cash Bonds payable Premium on bonds payable Record entry Clear entry View general journal