Check my work 6 Ellis issues 8.5%, five-year bonds dated January 1, 2017, with a $.490,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $542,247 The annual market rate is 6% on the issue date. Required 1. Complete the below table to calculate the total bond interest expense over the bonds' life. 2. Prepare a straight-line amortization table for the bonds' life. 3. Prepare the journal entries to record the first two interest payments. 6 points eBook Print References Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3 Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet 2 Record the first interest payment on June 30, 2017. Mc Graw Hill K Prev 6 of 6 Next