On January 1, 2022, North West Suppliers Ltd. issues $500,000, 6%, five-year bonds, with interest payable on July 1 and January 1. North West Suppliers fiscal year ends on December 31 Qi Please verify that the bonds would sell for SS21,880 on January 1, 2022 if the market rate of interest is 5% Small rounding errors are acceptable A. Present value of Face amount of $500,000 $ 390.600 B. Present value of interest payments: S 131.281 C. Total: 5 521,881 Q2 Please complete (A) through (E) below, beginning with the issue date and for the periods ending on July 1, 2022 and January 1, 2023. Use $521,880 as the carrying amount on January 1, 2022 D. Interest to be paid: 5 E. Interest Expense to be recorded. S F Premium Amortization: $ Q2 Please complete (A) through (E) below, beginning with the issue date and for the periods ending on July 1, 2022 and January 1, 2023. Use $521 880 as the carrying amount on January 1, 2022 D. Interest to be paid $ E Interest Expense to be recorded: 5 F. Premium Amortization: $ G. Unamortized Premium: $ H. Bond Carrying Amount: $ Q3 Please record the journal entries associated with the bonds on January 1, 2022, July 1, 2022 and December 31, 2022. Please use a separate account for the "bond premium" January 1,2022 I Debit Account Name. Cash J. Debat Account Amount: $ K Credit Account Name: L. Credit Account Amount: $ M. Credit Account Name: N Credit Account Amount: $ July 1,2022 O Debit Account Name: Q Debit Account Name: R. Debit Account Amount: $ S. Credit Account Name: T. Credit Account Amount: $ December 31,2022 U Debit Account Name: V. Debit Account Amount: $ W. Debit Account Name: V. Debit Account Amount: $ W. Debit Account Name: X. Debit Account Amount: $ Y Credit Account Name: Z Credit Account Amount: S