Roquine: 1. Joumalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1,20Y. 2a. Joumafize the entry to record the first semiannual interest payment on December 31, 20Yt, and the emortization of the bond discount, using the straight-ine method 26. Journalize the entry to record the inferest payment on June 30,20Y2, and the amortization of the bond discount, using the straight-fine method. 3. Determine the foral inthrest expense for 20Yr. 4. Wie the bond proceeds ahays be less than the face amount of the bonds when the contract rate is less than the market rate of interesr? Yes No 5 Compute the phice of 542,051,560 received for the bonds by using the tables shown in Present Value Tables. Addivional instruetion