Required information [The following information applies to the questions displayed below.] Ike issues $90,000 of 11%, three-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $92,283 when the market rate is 10%. 3. Prepare an effective interest amortization table for the bonds' first two years. (Round your intermediate and final answers to the nearest whole dollar.) Semiannual Interest Cash Interest Period-End Paid Bond Interest Expense Premium Amortization Unamortized Premium Carrying Value 01/01/2021 $ 2,283 $ 06/30/2021 $ 4,950 $ 4,614 $ 336 92,283 91,947 12/31/2021 4,950 4,597 353 91,594 06/30/2022 4,950 4,580 370 12/31/2022 4,950 4,561 389 ! Required information [The following information applies to the questions displayed below.] Ike issues $90,000 of 11%, three-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $92,283 when the market rate is 10%. 4. Prepare the journal entries to record the first two interest payments. View transaction list View journal entry worksheet No Date 1 June 30 Bond interest expense Premium on bonds payable Cash 2 December 31 Bond interest expense Premium on bonds payable Cash General Journal Debit Credit 4,950 4,950