Required information The following information polies to the questions displayed below! On January 2010 Drennen incised $2.6 million face amount of 7 year, toated rate bonds when market Interest rates were. The bonds paysman interest each June 30 and December and mature on December 31, 2025 The 6-4. Tab 6.5 (Use appropriate factor from the table provided) b-1. Anume instead that the proceeds were $2.555.000. Use the horizontal model to record the payment of semiannual interest and the related discount amortization on June 30, 2019, assuming that the discount of $45.000 amortired on a straight line basis. Indicate the financial statement effect (Enter decreases with a minus sign to indicate a negative financial statement effect) Sachers' Norincom Assets Labines ends when market ad mature on December payment of semiannual interest is amortized on a straight-line negative financial statement Income Statement Revenues Expenses Equity Net Income