Winner Ltd is authorized to issue $3,000 000 of 1% 10-year bonds payable On December 31, 2018, when the market interest rate 55% the company issues $2.400,000 of the bonds Winner amortizes bond discount using the effective-nterest method The semannual interest dates are June 30 and December 31 Read the couremens Requirement 1. Use the PU function in Excel to calculate the ssue price of the bonds (Round your answer to the nearest whole dolar) The issue price of the bonds is $ Requirement 2. Prepare a bond amortization table for the first year of the bonds (Round your answers to the nearest wioloola) Winner Ltd $ Amortization Table Semiannual Interest Interest Discount Discount Account Bond Carrying Interest Date Payment Exponse Amortization Balance Amount Dec 31 2018 Jun 30, 2019 Dec 31, 2019 Requirement 3. Record the issuance of the bonds payable on December 31, 2018 the first semiannual interest payment on June 30 2019 and the second payment on December 31 2019. (Record debits first then credits Exclude explanations from any journal entries) Start by recording the issuance of the boods on December 31, 2018 Journal Entry Accounts Date Debit Credit Doc 31 Record the first somiannual interest payment on June 30, 2019 Journal Entry Accounts Date Debit Credit Juno 30 Record the second semiannual interest payment on December 31, 2019 Journal Entry Accounts Date Debit Credit Dec 31