need help asap please

eond discount, entries for bonds payable transactions, interest method of amortizing bond discount On July 1, 20Y1, Lvinoston Corporation, a wholesaler-of manufacturing equiloment, issued $22,000,000 of 20 -yeat, 11% bonds at a markot (effective) interest rate of 1 the, receiving cash of $17,601,320. Interest on the bonds is payable semiannually on December 31 and June 30 . The fiscal year of the cornpany is the calendar year. Bequired: For all journal ertries, if an amount box does not require an entry, leave it blank. 1. Joumalize the entry to recond the amount of cash oroceeds from the issuance of the boedi. Factoras Eonds Parable is always recorded at face value. Any difference in issue price is refected in a prerilium or discount account. 2. Joumalize the entries to record the following: a. The first semiannual interest payment on December 31 , zoY1, and the amortization of the bond discount, using the interest method. Mound to the nearest dollar. therester whork 2a. Cach recolvod on July 4,20Y1 semiannual market rate - Interest Expense (debit). principal samiannual contract rate - cash paid (eredit). The prenium amortizod (dobit) is the cifference between the two amounts. 3. Determine the total interest expense for 20Y1. Round to the nearest dollar