On January 1, 2019, the date of bond authorization, Expresso Inc. issued 3-year, 10-per cent bonds with a face value of $200,000 at premium of 112%. Semi-annual interest is payable on June 30 and December 31. Required: a. Prepare the journal entries to record the following transactions: i. The issuance of the bonds. ii. The interest payment on June 30, 2019. b. Calculate the amount of interest paid in cash during 2019 and the amount of interest expense that will appear in the 2019 income statement Why are these amounts differen? Please show your steps