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Please answer it in Asaap. Thank you! Metlock Ltd. issued $ 580,000 of 15-year. 7.50% bonds on January 1, 2022, when the market interest rate

Please answer it in Asaap. Thank you!
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Metlock Ltd. issued $ 580,000 of 15-year. 7.50% bonds on January 1, 2022, when the market interest rate was 6.50%. The cash received at the issuance of the bond was $ 635,047.56. Interest is payable semi-annually on July 1 and January 1. Metlock has a December 31 year end. Prepare a bond amortization schedule for the first four interest periods, using the effective-interest method (Round answers to 2 decimal places, e.g. 15.75.) METLOCK LTD. Bond Premium Amortization Schedule Effective Interest Method Semi-Annual Interest Period Interest Payment Interest Expense Amortization Issue Date, Jan 1, 2022 July 1, 2022 $ Jan 1, 2023 July 1, 2023 Jan. 1, 2024 Prepare a bond amortization schedule for the first four interest periods, using the effective-interest method. (Round answers to 2 decimal places, e.g. 15.75.) METLOCK LTD. Bond Premium Amortization Schedule Effective-Interest Method Interest Payment Interest Expense Amortization Bond Amortized Cost $ $ Record the issue of the bonds and the first interest payment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to 2 decimal places, e.g. 15.75.) Date Account Titles and Explanation Debit Credit Jan. 1 cash Bonds Payable July 1 Interest Expense Bonds Payable Cash Record the accrual of the interest on December 31, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to 2 decimal places, e.g. 15.75.) Debit Credit Date Account Titles and Explanation Dec. 31 Interest Expense Bonds Payable Interest Payable Show the balance sheet presentation of the bonds at December 31, 2022. (Round answers to decimal places, e.g. 5,125.) METLOCK LTD. Balance Sheet (Partial) Current Liabilities Interest Payable Non-Current Liabilities Bonds Payable $

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