Show the journal entry to record payment 4 on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.) Account Titles and Explanation Interest Expense Mortgage Payable Cash Debit Credit 1850000 Sunland Technologies Ltd. issued bonds with a face value of $74,000,000 that mature in 15 years. The bonds carry a 5.0% interest rate and are sold at 104.30 to yield 4.60%. The bonds pay interest semi-annually. (a) Your answer is correct. Complete the first four payments of the bond amortization schedule below: (Round answers to 0 decimal places, e.g. 125.) Interest Expense Amortization of Bond Premium Balance of Bond Premium $3,182,000 Carrying Value of Bonds $77,182,000 17751861 74814 3107186 77107186 1773465 76535 30306511 77030651 1771705 78295 2952356 76952356 1769904 80096 2872260 76872260 Sunland Technologies Ltd. issued bonds with a face value of $74,000,000 that mature in 15 years. The bonds carry a 5.0% interest rate and are sold at 104.30 to yield 4.60%. The bonds pay interest semi-annually. (a) Your answer is correct. Complete the first four payments of the bond amortization schedule below: (Round answers to 0 decimal places, e.g. 125) Interest Payment Interest Expense Amortization of Bond Premium Balance Bond Pre Date Issuance Payment 1 $ 1850000 $ 1775186 $ 74814 Payment 2 1850000 1773465 76535 Payment 3 1850000 1771705 78295 Payment 4 1850000 1769904 80096 nts of the bond amortization schedule below: (Round answers to 0 decimal places, e.g. 125.) Amortization of 186 465 5 Bond Premium 74814 Balance of Bond Premium Carrying Value of Bonds $3,182,000 $77,182,000 3107186 77107186 76535 3030651 77030651 705 78295 2952356 76952356 904 80096 2872260 76872260 (c) Your answer is correct. What is the carrying value of the liability for these bonds at the end of payment 4? (Round answer to 0 decimal places, e.g. 125.) Carrying value of the bonds $ 76872260 eTextbook and Media List of Accounts Attempts: 1 of 2 used (d) Show the journal entry to record payment 4 on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.) Account Titles and Explanation Interest Expense Mortgage Payable Cash Debit Credit