Review the following transactions of Letourneau Communications, Inc.: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions of Letourneau Communications Inc. (Record debits first, then credits. Exclude explanations from any journal entries.) January 1, 2018: Issued $9,000,000 of 5%, 10-year bonds payable at 96. Interest payment dates are July 1 and January 1. More Info Date * Requirements Jan 1 2018 Jan 1 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. 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? Jul 1 3. Issued $9,000,000 of 5%, 10-year bonds payable at 96. Interest payment dates are July 1 and January 1. Paid semiannual interest and amortized bond discount by the straight-line method on the 5% bonds payable. Accrued semiannual interest expense and amortized the bond discount by the straight-line method on the 5% bonds payable. Dec 31 July 1 His pa 1 Paid semiannual interest. 2019 Jan 2028 Jan Print Print [ Done Done Choo 1. Paid the 5% bonds at maturity