Required Information [The following information applies to the questions displayed below.) Ike issues $240,000 of 17% three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $246,087. When the market rate is 10% 2. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds Amount repaid payments of Par value at maturity Less amount borrowed The following information applies to the questions displayed below.) ike issues $240,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $246,087. When the market rate is 10% 3. Prepare an effective interest amortization table for the bonds' first two years Cash Interest Paid Bond Interest Expense Premium Amortization Unamortized Premium Carrying Value 01.01.2010 00302010 12010 0302020 12010020 like issues $240,000 of three year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $246 087. When the market rate is 10% 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet