The fiscal year ends December 31 for Lake Hamilton Development. To provide funding for its Moonlight Bay project, LHD issued 9% bonds with a face amount of $690,000 on November 1,2024 . The bonds sold for $630,804, a price to yield the market rate of 10%. The bonds mature October 31, 2043 (20 years). Interest is paid semiannually on April 30 and October 31 and is determined using the effective interest method. Required: 1. What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31 , 2024? 2. What amount(s) related to the bonds will LHD report in its balance sheet at December 31,2024 ? 3. What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31 , 2025? 4. What amount(s) related to the bonds will LHD report in its balance sheet at December 31,2025 ? Note: For all requirements, do not round your intermediate calculations. Enter your answers in whole dollars