Required information [The following information applies to the questions displayed below.] Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $4,895,980. 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 premium 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. Reg 1 Reg 2A to 20 Reg 3 Reg 4 Reg 5 Journal entry worksheet Req 1 Reg 2A to 20 Req 3 Reg 4 Reg 5 Complete the below table to calculate the total bond interest expense to be recognized over the bon Total bond interest expense over life of bonds: Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense O 9 0 Req 1 Req 2A to 20 Req 3 Req 4 Reg 5 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the whole dollar.) Semiannual Period-End Unamortized Premium Carrying Value 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 Journal entry worksheet Record the second interest payment on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal