Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Hillside issues $1,200,000 of 8%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 Problem 10-2A (Algo) Straight-Line: Amortization of bond premium LO P3 The bonds are issued at a price of $1,468,794. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance 2(b) For each semiannual period, complete the table below to calculate the cash payment: 2(b) For each semiannual period, complete the table below to calculate the straight-line premium amortization. 2(d) For each semlannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-bine amortiration table. 5. Prepare the journal entries to cecord the first two interest payments Complete this question by entering your answers in the tabs below. Prepare the Janwary 1. joutmal entry to record the bonds' issuance. repare the January 1 joumal entry to record the bonds' issuance. Journal entry worksheet Record the issue of bonds with a par value of 51,200,000 on January 1, 2021 at an issue price of $1,468,794. Note: Enter debits before crecits. For each semiannual period, compute (a) the cash payment, (b) the stralght-line premium amortiration, and (c) the bond interest expense. (Round your final nswers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Complete the below table to calculate the total bond interest exponse to be recognized over the bonds' life. Complete this question by entering your answers in the tabs below. Frepare the flrst two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollac) Prepare the joumal entries to record the first two lnterest payments. (Round your intermediate and final answers to the nearest whole Sollar) Journal entry worksheet 2 Prepare the journal entries to record the first two interest payments. (Rotrd your intermediate and final answers to the nearest whole devilar.) Journal entry worksheet Record the second interest payment on December 31. Notec Finter debits before crecti