On June 30, 2020, the market interest rate is 6%. Dellaca Enterprises issues $505,000 of 7%, 20-year bonds at 111731. The bonds pay interest on June 30 and December 31. Dellaca amortizes bonds by the effective interest method Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods. 2. Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2020, and the semi-annual interest payment on June 30, 2021 Requirement 1. Prepare a bond amortization table for the first four semi-annual interest periods. (Round your answers to the nearest whole dollar.) Dellaca Enterprises Amortization Table B E Interest Payment Premium Premium Account Interest Expense (3% of Preceding Bond Carrying Amount) Semi-Annual Amortization Balance (3.5% of Maturity Value) Bond Carrying Amount ($505,000 + D) Interest Date (A-B) (D-C) June 30, 2020 Dec 31, 2020 June 30, 2021 Dec 31, 2021 June 30, 2022 Requirement 2. Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2020, and the semi-annual interest payment on June 30, 2021. (Record debits first, then credits. Explanations are not required. Round your answers to the nearest whole number.) Start by recording the issuance of the bonds on June 30, 2020. Journal Entry Date Accounts Debit Credit June 30 2020 Record the semi-annual interest payment on December 31, 2020 Journal Entry Date Accounts Debit Credit Der 31 2020