Requlred Informetion [The following information applies to the questions disolayed below] Legacy issues $325,000 of 5%. four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $292, 18i when the market rate is 8%. Requlred: 1. Prepare the January 1 joumal entry to record the bonds' issuance. Journal entry worksheet Fecord the issue of bonds with a par value of $325.000 on January 1. 2021 at an issue price of 5292.181 . Note Enter debits before condits. 2. Determine the total bond interest expense to be recognized over the bonds' life. 2. Determine the total bond interest expense to be recognized over the bonds' life. 3. Prepare a straight-ine amortization table for the bonds' first two years. Note: Round your Intermedlate and final answers to the nearest whole dollar