Required information Exercise 10-7 Straight-Line: Amortization table and bond interest expense LO P2 (The following information applies to the questions displayed below. Duval Co. issues four-year bonds with a $109,000 par value on January 1, 2019, at a price of $104,910. The annual contract rate is 5%, and interest is paid semiannually on June 30 and December 31. Exercise 10-7 Part 1 Prepare a straight-line amortization table for these bonds. (Round your answers to the nearest dollar amount.) Semiannual Period-End 1/01/2019 Unamortized Discount Carrying Value 6/30/2019 12/31/2019 6/30/2020 12/31/2020 6/30/2021 12/31/2021 6/30/2022 12/31/2022 2. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 > Record the interest payment and discount amortization on June 30, 2019. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2019 Journal entry worksheet