Use the amortization table for McNeil Corporation's bonds to answer the following questions: 1. How much cash did McNeil Corporation borrow on January 1, 2022? How much cash will McNeil Corporation pay back at maturity? 2. How much cash interest will McNeil Corporation pay each six months? 3. How much interest expense will McNeil Corporation report on June 30, 2022, and on December 31, 2022? Does the amount of interest expense increase or decrease each period? Why? McNeil Corporation issued $900,000 of 12%, 10-year bonds payable on January 1, 2022. The market interest rate at the date of issuance was 10%, and the bonds pay interest semiannually (on June 30 and December 31). McNeil Corporation's year-end is June 30. McNeil prepared an effective-interest amortization table for the bonds through the first three interest payments as follows: (Click the icon to view the amortization schedule.) Premium Semiannual Interest Date Interest Payment Interest Premium Expense Amortization Account Balance Bond Carrying Amount Jan 1, 2022 112,160 1,012,160 Jun 30, 2022 54,000 50,608 3,392 108,768 1,008,768. Dec 31, 2022 54,000 50,438 3,562 105,206 1,005,206 Jun 30, 2023 54,000 50,260 3,740 101,466 1,001,466