Romero issue $3, 400,000 of 10%, 10 year bonds dated January 1, 2015 that pay interest on June 30 and December 31. The bonds are issue of price $3, 010,000 Prepare the January 1, 2015. journal entry to record the bonds' issuance. For each semiannual period. compute (a) the cash payment. (b) the straight-line discount and the bond interest expense. Determine the total bond interest expense to be recognized over the bonds life. Prepare life first two years of an amortization table like Exhibit 10.7 using the scratch-line Prepare the- journal entries to record the first two interest payments. Prepare the January 1, 2015, journal entry to semiannual period, compute (a) the cash payment, the straight line premium the Determine the total bond interest express to be reconsidered the bond life. Prepare the first two years of table like Exhibit 10.11 using the straight line