Robert Williams Inc issued 400,000 of 11 percent 12-year bonds payable at a price ol 1185 on May 31, 2020 The market interest rate at the date of issuance was 9 percent, and the Robert Williams Inc bonds pay interest semi-annually The effective interest amortization table for the bond premium is presented here for the first two interest periods (Click the icon to view the effective interest amortization table.) How much cash did Robert Williams Inc. receive upon issuance of the bonds payablo? Continue the effective interest amortization table for the bond premiurn for the next two interest payments Record Esuance of the bonds on May 31, 2020, and payment of the third serni-annual interest amount and amortization of the bond premium on November 30, 2021 b C a. How much cash did Robert Williams Inc. receive upon issuance of the bonds payable? (Round your answer to the nearest whole dollar.) Robert Williams received cash of $458000 upon issuance of the bonds payable b. Continue the effective-interest amortization table for the bond premium for the need two interest payments (Round your answers to the nearest whole dollar) Amortization table - End of Semi-annual Interest Period B D E Interest Expense Unamortized Interest (4.5% of Preceding Premium Premium Account Bond Payment (5.5% of Bond Carrying Amortization Balance (Previous D Carrying Amount Maturity Value) Amount) (A-B) Current C) ($400,000 + D) $ 58,000 $ 458,000 $ 22,000 $ 20,610 $ 1,390 56,610 456,610 22,000 20.547 1453 55. 157 455.157 $ May 31, 2020 Nov. 30, 2020 May 31, 2021 Print Done b. Continue the effective-interest amortization table for the bond premium for the next two interest payments (Round your answers to the nearest whole dollar.) D F End of Semi-annual Interest Period May 31, 2020 Nov. 30, 2020 May 31, 2021 Nov 30, 2021 Interest Expense Unamortized Interest (4.5% of Preceding Premium Premium Account Bond Payment (5.5% of Bond Carrying Amortization Balance (Previous D Carrying Amount Maturity Value) Amount) (A-B) Current ($400,000 + D) $ 58,000 $ 458.000 $ 22,000 $ 20,610 $ 1,390 56,610 456,610 22,000 20,547 1,453 55.157 455,157 Mav 31. 2022 Let's begin by recording the issuance of bonds on May 31, 2020 (Record debits first, then credits. Exclude explanations from journal entries. Round Kinounts to the nearest dollar.) Journal Entry Accounts Debit Credit 2020 Cash May 31 Premium on Bonds Payable Bonds Payable Date Record the payment of the third semi-annual interest amount and amortization of the bond discount on November 30, 2021 Joumal Entry Date Accounts Debit Credit 2021 Interest Expense Nov. 30 Premium on Bonds Payable Cash Choose from any list or enter any number in the input fields and then continue to the next