$[$The following information applies to the questions displayed below.$]$

Hillside issues $$1,700,000$ of $8\%,15$ year bonds dated January $1,2021,$ that pay interest semiannually on December $31.$

oblem $10-2$A $($Algo$)$ Straight$-$Line: Amortization of bond premium LO P$3$

e bonds are issued at a price of $$2,080,794.$

quired:

'repare the January $1$ journal entry to record the bonds' issuance.

For each semiannual period, complete the table below to calculate the cash payment.

For each semiannual period, complete the table below to calculate the straight$-$line premium amortization

For each semiannual perlod, complete the table below to calculate the bond interest expense.

Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life Prepare the first two years of a straight$-$line amortization table.

repare the journal entries to record the first two interest payments.

Complete this question by entering your answers in the tabs below.

fieq $1$

epare the January $1$ journal entry to record the bonds' Issuance.