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For each of the four independent situations below, prepare a single journal entry that summarizes the recording and payment of interest and determine the amount of cash paid for bond interest. All dollars are in millions. Complete this question by entering your answers in the tabs below. Cash Paid for Interest General Journal Calculate the amount of cash paid for bond interest. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Situation Interest Expense Interest Payable Increase (Decrease) 0 Unamortized Discount Increase (Decrease) Cash Paid for Interest 1 28 0 2 28 5.6 0 3 28 0 (8.4) (8.4) 4 28 (5.6) Cash Paid for Interest General Journal Prepare a single journal entries that summarizes the recording and payment of interest. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) View transaction list X 1 Record the summary entry for transaction 1. > 2 Record the summary entry for transaction 2. 3 Record the summary entry for transaction 3. 4 Record the summary entry for transaction 4. Credit