You don't have to do question 14-4B, it's just the question for you to see. thanks

Zooba Company issues 9%, five-year bonds dated January 1, 201 1, with a $160,000 par value. The bonds Problem 14-4B pay interest on June 30 and December 31 and are issued at a price of $166,494. Their annual market rate Straight-line amortization of is 8% on the issue date. bond premium Required P1 P3 1. Calculate the total bond interest expense over the bonds' life. 2. Prepare a straight-line amortization table like Exhibit 14.11 for the bonds' life. Check (2) 6/30/2013 carrying 3. Prepare the journal entries to record the first two interest payments. value, $163,249 Refer to the bond details in Problem 14-4B. Problem 14-5BB Effective interest amortization Required bond premium; computing b 1. Compute the total bond interest expense over the bonds' life. price P1 P3 2. Prepare an effective interest amortization table like the one in Exhibit 14B.2 for the bonds' life. 3. Prepare the journal entries to record the first two interest payments. Check (2) 6/30/2013 carrying 4. Use the market rate at issuance to compute the present value of the remaining cash flows for these value, $163,568 bonds as of December 31, 2013. Compare your answer with the amount shown on the amortization (4) $162,903 table as the balance for that date (from part 2) and explain your findings