Hello, need help with this question! And can you let me know if Required 1 is correct? Thank you!

On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second interest payment on December 31. 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much interest will Boston pay (in cash) to the bondholders every six months? Par (maturity) Value $ 3,400,000 Semiannual Rate 9.0% Semiannual Cash Interest Payment 306,000 x $ Required 2 > 1. How much interest will Boston pay (in cash) to the bondholders every six month 2 Prepare journal entries to record (a) the issuance of bonds on January 1; (b) the interest payment on December 31. 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much interest will Boston pay (in cash) to the bondholders every six months? Par (maturity) Value 3,400,000 Semiannual Rate 9.0% Semiannual Cash Interest Payment 306,000 Required 2 Prepare journal entries to record (a) the issuance of bonds on January 1; (b) the first interest payment on June 30; and (c) the second interest payment on December 31. View transaction list Journal entry worksheet 2 3 1 Record the issue of bonds at par on January 1. PRER Note: Enter debits before credits. General Journal D ebit Credit Date Jan 01 EST TIL 1 Journal entry worksheet Record the interest payment on June 30. Note: Enter debits before credits. General Journal Debit Credit Date Jun 30 H KS Journal entry worksheet