Learning Objectives 2, 3 P11-32A Analyzing, journalizing, and reporting bond transacti Bob's Hamburgers issued 8%, 10-year bonds payable at 70 on December 31, 2018, Bob reported the bonds payable as follows: 70 on December 31, 2016. As 2. Discount CR 54,500 Long-term Liabilities: Bonds Payable Less: Discount on Bonds Payable $ 300,000 72,000 $228,000 Bob's pays semiannual interest each June 30 and December 31. Requirements 1. Answer the following questions about Bob's bonds payable: a. What is the maturity value of the bonds? b. What is the carrying amount of the bonds at December 31, 2018? c. What is the semiannual cash interest payment on the bonds? d. How much interest expense should the company record each year? 2. Record the June 30, 2018, semiannual interest payment and amortization of discount