Required information [The following information applies to the questions displayed below. On January 1, 2018, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $483,476. Required: 1. Complete the first three rows of an amortization table. Date Cash Pald Interest Expense Decrease in Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18 Required information The following information applies to the questions displayed below) On January 1, 2018, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $483,476. 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.(1 no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 1 3 Record the bond issue Note: Enter debits before credits General Journal Debit Credit Date January 01, 2018