You received no credit for this question in the previous attempt Brief Exercise 9-13 Calculate interest expense (LO9-5) On January 1, 2021, Lyle's Limeade issues 5%, 15-year bonds with a face amount of $70,000 for $63140. priced to yield 6%. Interest is paid semiannually. What amount of interest expense will be recorded in the December 31, 2021, annual income statement? (Do not round your intermediate calculations. Round your final answer to nearest whole dollar amount.) Interest expense You received partial credit in the previous attempt Brief Exercise 9-17 Record early retirement of bonds issued at a premium (LO9-6) Premium Pizza retires its 6% bonds for $68,000 before their scheduled maturity. At the time, the bonds have a face amount of $65,400 and a carrying value of $70,528. Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet Credit No AL Transaction 1 General Journal Bonds Payable Premium on Bonds Payable Cash Debit 70,528 5,128 65.400 You received partial credit in the previous attempt. Exercise 9-3A Record installment notes (LO9-2) On January 1, 2021, Jalen Company purchased land costing $800,000. Instead of paying cash at the time of purchase. Jalen plans to make four installment payments of $215,221.64 on June 30 and December 31 in 2021 and 2022. The payments include interest at a rate of 6% Required: 1. Record the purchase of land when the note is issued 2. Record the first installment payment on June 30, 2021, and the second installment payment on December 31, 2021. 3. Calculate the balance of Notes Payable and Interest Expense on December 31, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the balance of Notes Payable and Interest Expense on December 31, 2021. (Round your answers to 2 decimal places.) Notes Payable Interest Expense IS 388.179.93 $ 42.263.35