Problem 10-1A Stroight-Line: Amortization of bond discount LO P2 Hillside issues $1,200,000 of 8%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,036,935 Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization 2(c) For each semiannual period, complete the table below to calculate the bond interest expense 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life 4. Prepare the first two years of a straight-line amortization table 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Prepare the January 1 foumal entry to record the bonds' issuance. Journal entry worksheet Record the issue of bonds with a par value of $1,200,000 cash on January 1 , 2019 at an issue price of $1,036,935. Notet Enter debits before credrte. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Complete this question by entering your answers in the tabs below. Prepare the first two years of a straight-line amortization table. Journal entry worksheet Record the first interest payment on June 30. Note: Enter debits before credits. Journal entry worksheet Record the second interest payment on December 31 . Note: Enter debits before credits