Just need help with part B please !!!

Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method Daan Corporation wholesales repair products to equipment manufacturers. On April 1, 2016, Daan Corporation issued $2,100,000 of 5-year, 10% bonds at a market (effective) interest rate of 7%, receiving cash of $2,361,973. Interest is payable semiannually on April 1 and October 1. a. Journalize the entry to record the issuance of bonds on April 1, 2016. For a compound transaction, If an amount box does not require an entry, leave it blank. Cash 2,361,973 Premium on Bonds Payable 261,973 Bonds Payable 2,100,000 Feedback I b. Journalize the entry to record the first interest payment on October 1, 2016, and amortization of bond premium for six months, using the straight-line method. The bond premium amortization is combined with the semiannual interest payment. (Round to the nearest dollar.) For a compound transaction, if an amount box does not require an entry, leave it blank. Interest Expense 86,288 X Premium on Bonds Payable 18,712 X Cash 105,000 Een back