Review the following transactions of Laroche Communications, Inc.: 1. (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions of Laroche Communications Inc. (Record debits first, then credits. Exclude explanations from any joumal entries.) January 1, 2021: Issued $7,000,000 of 8\%, 10-year bonds payable at 94 . Interest payment dates are July 1 and January 1. Requirements 1. Journalize the transactions of Laroche Communications, Inc. 2. At December 31, 2021, after all year-end adjustments have been made, determine the carrying amount of Laroche's bonds payable, net. 3. For the six months ended July 1, 2021, determine the following for Laroche: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid