Water Way Company is considering raising additional capital for further expansion. The company wants to finance a new business venture into guided trips down the Amazon wat in South America Additionally the company wants to add another building on their land to offer more services for local customers Click the loon to viewing the financing information) Read the requirements Requirement 1. We the bonds c e value, a premium, or a discount? de rest o nations r duran nearest whole or Records, the credit explanations Water Way's bonds will be issued because Requirement 2. Record the following transactions include dates and round to the otros) a. Cash received from the bond issue Accounts Debit Requirements Credit with bond e face value, a premium or a discount? Record the fooing transactions includes and round to the r o om Car d rom the bond Cashelved from the mortgage payable Semanal bond Welpen 2000 Antreprenord using the na tion method Payment on the more able to 2020 Calculate the worst expensiumed in 2020 b. Cash received from the mortgage payable Done to Choose from any rere any number in the input fields and then continue to the next Read the requirements c. Semiannual bond interest payments for 2020. Amortize the premium or discount using the straight-line amortization method. Start by recording the semiannual bond interest payment on June 30, 2020. Date Accounts Debit Credit 2020 Jun. 30 Now record the semiannual bond interest payment on December 31, 2020. Date Accounts Debit Credit 2020 Dec. 31 d. Payment on the mortgage payable for 2020. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. d. Payment on the mortgage payable for 2020. Date Accounts Debit Credit 2020 Dec. 31 Requirement 3. Calculate the total interest expense incurred in 2020. Total 2020 Interest Expense Bonds Mortgage Total Choose from any list or enter any number in the input fields and then continue to the next questio i More Info Water Way Company plans to raise the capital by issuing $800,000 of 7%, four-year bonds on January 2, 2020. The bonds pay interest semiannually on June 30 and December 31. The company receives $799,200 when the bonds are issued. The company also issues a mortgage payable for $400,000 on January 2, 2020. The proceeds from the mortgage will be used to construct the new building. The mortgage requires annual payments of $20,000 plus interest for twenty years, payable on December 31. The mortgage interest rate is 7%. Print Done