On June 30, 2021, Vaughn SA issued R$4,470,000 face value of 14%, 20-year bonds at R$5,142,560, to yield 12%. The bonds pay semiannual interest on June 30 and December 31. (a) Prepare the journal entries to record the following transactions. (Round answer to O decimal places, eg. 38,548. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) The issuance of the bonds on June 30, 2021. (2) The payment of interest and the amortization of the premium on December 31, 2021. (3) 3 F The payment of interest and the amortization of the premium on June 30, 2022. (4) The payment of interest and the amortization of the premium on December 31, 2022. No. Date Account Titles and Explanation Debit Credit June 30, (1) 2021 (2) December 31,2021 June 30, (3) 2022 (4) December 31, 2022 Show the proper statement of financial position presentation for the liability for bonds payable on the December 31, 2022, statement of financial position. (Round answers to O decimal places, e.g. 38,548.) Non-current Liabilities Bonds Payable Coronado SA Statement of Financial Position December 31, 2022 R$ 5025462 (c) eTextbook and Media List of Accounts Your answer is correct. Provide the answers to the following questions. (1) What amount of interest expense is reported for 2022? (Round answer to O decimal places, e.g. 38,548.) Interest expense reported for 2022 R$ 603901 Attempts: 2 of 3 used (2) Determine the total cost of borrowing over the life of the bond. (Round answer to O decimal places, e.g. 38,548.) Total cost of borrowing over the life of the bond R$ 11604980