On January 1, 2018, Vivid World Video, Incorporated issued $1,100,000 of $1,000 par value, 7%, 6-year bonds. Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1, 2018. The market rate of interest for similar non-convertible bonds on the date of the bond issue was 9%. The bonds were sold for $1,154,747, yielding an effective rate of 6%. Each bond is convertible into 50 shares of Vivid World's $2 par value common stock. Assume that there is no beneficial conversion option. Read the requirements. Requirement a. Prepare the amortization table for the bond issue through January 1, 2021, assuming that Vivid World uses the effective interest rate method of amortization. (Round each calculation to the nearest whole number and then use the rounded value for each subsequent calculation in the table.) Date January 1, 2018 July 1, 2018 January 1, 2019 July 1, 2019 January 1, 2020 July 1, 2020 Cash Interest Effective Interest Discount/Premium Amortization Carrying Value January 1, 2021 Requirement b. Prepare the journal entry to record the bond issue. (Record debits first, then credits. Exclude explanations from any journal entries. Use the rounded values from previous calculations.) Account January 1, 2018 Requirement c. Prepare the journal entry to record the first interest payment. (Record debits first, then credits. Exclude explanations from any journal entries. Use the rounded values from previous calculations.) Account July 1, 2018 Requirement d. The bonds converted on January 1, 2021. Prepare the journal entry to record the bond conversion. (Record debits first, then credits. Exclude explanations from any journal entries. Use the rounded values from previous calculations.) January 1, 2021 Account