On January 1 of this year, Kona Corporation sold bonds with a face value of $1,480,000 and a coupon rate of 10 percent. The bonds mature in four years and pay interest semiannually every June 30 and December 31 . Kona uses the straight-line amortization method and also uses a premium account. Assume an annual market rate of interest of 8 percent. (EV of \$1. PV of \$1. EVA of \$1. and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Required: 1.\&2. Prepare the joumal entry to record the issuance of the bonds and the interest payment on June 30 of this year. 3. What bonds payable amount will Kona report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the issuance of the bonds and the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to whole dollarsi) Journal entry worksheet Journal entry worksheet Record the interest payment on June 30 , using straight-line amortization. Note: Enter debits before credits. What bonds payable amount will Kona report on its June 30 balance sheet? (Round your intermediate calculations and fina answers to whole dollars.)