Required information [The following information applies to the questions displayed below.] Legacy issues $740,000 of 7.5%, four-year bonds dated January 1,2019 , that pay interest se December 31 . They are issued at $680,186 when the market rate is 10%. 3. Prepare a straight-line amortization table for the bonds' first two years. Required information [The following information applies to the questions displayed below] Legacy issues $740,000 of 7.5%, four-year bonds dated January 1,2019 , that pay interest semiann December 31. They are issued at $680,186 when the market rate is 10%. 2. Determine the total bond interest expense to be recognized over the bonds' life. Required information [The following information applies to the questions displayed below] Legacy issues $740,000 of 7.5%, four-year bonds dated January 1,2019 , that pay interest semiannually on June 30 and December 31. They are issued at $680,186 when the market rate is 10%. Required: Prepare the January 1 journal entry to record the bonds' issuance. Journal entry worksheet Record the issue of bonds with a par value of $740,000 on January 1,2019 at an issue price of $680,186. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below] Legacy issues $740,000 of 7.5%, four-year bonds dated January 1,2019 , that pay interest semiannually December 31. They are issued at $680,186 when the market rate is 10%. 4. Prepare the journal entries to record the first two interest payments. Journal entry worksheet Record the interest payment and amortization on June 30. Note: Enter debits before credits