Sleep Well, Inc. is authorized to issue 9%, 10-year bonds payable. On January 1, 2024, when the market interest rate is 12%, the company issues $400,000 of the bonds. The bonds pay interest semiannually. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the loon to view Future Value of $1 table.) Read the requirements (Click the icon to view Future Value of Ordinary Annuity of $1 table) Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar) Upon issuance of the bonds payable, the company received Requirement 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar) Interest Cash Paid Expense Amortized Carrying Amount 01/01/2024 06/30/2024 12/31/2024 Requirement 3. Journalize the issuance of the bonds on January 1, 2024, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2024 and December 31, 2024 Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Joumalize the issuance of the bonds Date Accounts 2024 Jan 1 Debit Credit