Review the following transactions of Letoumeau Communications, Inc: : (Click the icon to view the transactions.) Read the reguifements. Requirement 1. Journalize the transactions of Letoumeau Communications Inc. (Record debits first, then credits. Exclude explanations from any journal entries.) January 1, 2018: Issued $9,000,000 of 8%, 10-year bonds payable at 94 . Interest payment dates are July 1 and January 1. December 31, 2018: Accrued semiannual interest expense and amortized bond discount by the straight-line method on the 8% bonds payable. January 1, 2019: Paid semiannual interest. January 1, 2028: Paid the 8% bonds at mabunty. Requirement 2. A December 31, 2018, afler al year-end adjusthents have been made, desermine the carrying anourt of Loloumeari bonds payable, net. A1 December 31,2018 , after all year-end adjustents, the carrying anount of the bonds payable is 5 Requirement 3. For the six months ended Jdy 1, 2018, determine the following for Lotoumeau a. Interest expense and b. Cash interest paid. What causes inserest expense on the bonds to exceed cash interest paid? For the aix months ended July 1,2018 determine the following 3. Wherest expense is 5 b. Cash inlerest paid is 5 Whin causes interest oxpense on the bonds to exteed cash lrserest naid? More info 1. Journalize the transactions of Letourneau Communications, Inc. 2. At December 31, 2018, after all year-end adjustments have been made, determine the carrying amount of Letourneau's bonds payable, net. 3. For the six months ended July 1, 2018, determine the following for Letourneau: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid