Hillside issues $$1,600,000$ of $9\%,15-$year bonds dated January $1,2021,$ that pay interest semiannually on June $30$ and December $31\mathrm{.}1.$ Prepare the January $1$ journal entry to record the bonds$$ issuance. $2($a$)$ For each semiannual period, complete the table below to calculate the cash payment. $2($b$)$ For each semiannual period, complete the table below to calculate the straight$-$line premium amortization. $2($c$)$ For each semiannual period, complete the table below to calculate the bond interest expense. $3.$ Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. $4.$ Prepare the first two years of a straight$-$line amortization table. $5.$ Prepare the journal entries to record the first two interest payments. Semiannual Period$-$EndUnamortized PremiumCarrying Value$01/01/2021$$$358,394$selected answer correct$$1,958,394$selected answer correct$06/30/2021346,448$selected answer correct$1,946,448$selected answer correct$12/31/2021334,501$selected answer correct$1,944,501$selected answer incorrect$06/30/2022322,555$selected answer correct$1,932,555$selected answer incorrect$12/31/2022310,608$selected answer correct$1,920,608$