TOU 1. Journalize the following transactions of Trekker Boot Company: 2017 Jan. 1 July 1 Issued $600,000 of 8%, 10-year bonds at 97. Paid semi-annual interest and amortized bonds by the straight-line method on the 8% bonds payable Accrued semi-annual interest expense and amortized bonds by the straight-line method on the 8% bonds payable. Dec. 31 Paid semi-annual interest. 2018 Jan. 1 2027 Jan. 1 Paid the 8% bonds at maturity. ASSESS YOUR PROGRESS a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? 2. At December 31, 2017, after all year-end adjustments, determine the carrying amount of Trekker's bonds payable, net. 3. For the six months ended July 1, 2017, determine the following for Trekker