[The following information applies to the questions displayed below) Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $507,831 when the market rate is 12% 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid 8 payments of Par value at maturity Totalrepaid Less amount borrowed Total bond interest expense [The following information applies to the questions displayed below] Legacy issues $560,000 of 90% four year bonds dated January 1, 2019. that pay interest semiannually on June 30 and December 31 They are issued at $507.831 when the market rate is 12% 3. Prepare a straight-line amortization table for the bonds' first two years. Semiannual Period- Unamortized End Discount Carrying V alue 01/01/2010 06/30/2010 12/31/2010 06/30/2020 12/31/2020 Legacy issues $560,000 of 9.0%, four year bonds dated January 1 2019, that pay interest semiannually on June 30 and December 31 They are issued at $507,831 when the market rate is 12% 4. Prepare the journal entries to record the first two interest payments. View onlist Journal entry worksheet