Question 4 of 6 -/1 = View Policies Current Attempt in Progress Haulem Equipment Inc. issued $88 million in 20-year bonds to finance the expansion of its school bus manufacturing operations in Winnipeg. The bonds pay 6% interest semi-annually and were issued at 89.322 to yield 7%. Calculate the amount of cash Haulem received on issuance of the bonds. (Round answer to O decimal places, e.g. 1,525.) Cash Received e Textbook and Media List of Accounts Prepare the journal entry to record the amount of cash Haulem received on issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Prepare the journal entries to record the first two interest payments. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 1,525.) Account Titles and Explanation Debit Credit First interest Second interest e Textbook and Media List of Accounts Calculate the carrying value of the bonds one year after issuance (that is, after the second semi-annual payment). (Round answer to 0 decimal places, e.g. 1,525.) Carrying Value of the Bonds One Year after Issuance e Textbook and Media List of Accounts