I'm stuck with this one. Also can someone label which part is which when completed? Thanks.

*P10-11A On January 1, 2017, Opal company issued $2,000,000 face value, 7%, 10-year bonds at $2,147,202. This price resulted in a 6% effective-interest rate on the bonds. Opal uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on each January 1. Prepare pu issaance of interest, an amortzano presentatio (LO 3, 4, 51. Instructions (a) Prepare the journal entries to record the following transactions. (1) The issuance of the bonds on January 1, 2017 (2) Accrual of interest and amortization of the premium on December 31, 2017. (3) The payment of interest on January 1, 2018. (4) Accrual of interest and amortization of the premium on December 31, 2018 (a) (4) Int (b) Show the proper long term labltes balance sheet presentation for the lability for (c) Provide the answers to the following questions in narrative form Exp bonds payable at December 31, 2018. (1) What amount of interest expense is reported for 2018? (2) Would the bond interest expense reported in 2018 be the same as, greater than, or less than the amount that would be reported if the straight-line method of amortiza- tion were used