Show Attempt History Current Attempt in Progress Tarawa Limited Issued $1.170,000 of 10-year, 5 % bonds on January 1, 2018, when the market interest rate was 6 % Tarawa recelved $1.082.972 when the bonds were issued, Interest is payable semi-annually on July 1 and January 1. Tarawa has a December 31 year end Part 1 Part 3 Record the accrual of interest on December 31. (Round answers to O decimal places, es. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Credit Debit Account Titles and Explanation Date Interest Expense Dec. 31 cash Bonds Payable Part 4 Prove the amount of cash received when the bonds were sold by determining the bonds' present value (issue price) on January 1, 2018. Prove the carrying amount of the bonds, one year later, by determining the present value of the bonds at that time. (Round answers to 0 decimal places, e.g. 5,275) Bonds'present value (issue price) on January 1, 2018 Present value of the bonds