Question: need help fixing with the errors, which is red boxes. thank you!!! Show Attempt History On July 1, 2021, Coronado Satellites Corporation issued $1,500,000 of

 need help fixing with the errors, which is red boxes. thank
you!!! Show Attempt History On July 1, 2021, Coronado Satellites Corporation issued
$1,500,000 of 10-year, 7% bonds to yield a market interest rate of
6%. The bonds pay semi-annual interest on July 1 and January 1.
Coronado has a December 31 year end and records adjusting entries annually
need help fixing with the errors, which is red boxes. thank you!!!

Show Attempt History On July 1, 2021, Coronado Satellites Corporation issued $1,500,000 of 10-year, 7% bonds to yield a market interest rate of 6%. The bonds pay semi-annual interest on July 1 and January 1. Coronado has a December 31 year end and records adjusting entries annually Coronado received $1,611,587 when issuing the bonds. Click here to view the factor table. VIVE HOUSTI, AU23 three interest periods) for this bond issue. (Round all amounts to the nearest dollar,es. 5,275.) CORONADO SATELLITES CORPORATION Bond Premium Amortization Semi- annual Interest periods Interest to be paid Interest Expense to be Recorded Premium Amortization Unamortized Premium July 1/21 $ 111587 Jan. 1/22 $ 52500 $ 48348 $ 4152 107435 July 1/22 52500 48223 4227 103158 Jan 1/23 52500 48095 4405 98753 eTextbook and Media Solution List of Accounts interest Expense to be Recorded Unamortized Premium Bond Carrying Amount Premium Amortization 111587 $ 1,611,587 48348 4152 107435 1607435 48223 4277 103158 1603158 48095 4405 98753 1504405 ctbook and Media Recorate of the bonds only 1, 2021. Credit occounts are automatically indented when the amount is entered Do not Indent manually. Lista debit entries before credit entries Round all amounts to the most dollar, 5.225 Date Account Titles and Explanation Debit Credit 2021 July 1 111580 Bonds Pays 111582 Your answer is partially correct Show the statement of financial position presentation of the liabilities at December 31, 2021. (Round all amounts to the nearest dollar, es 5,275) CORONADO SATELLITES CORPORATION Statement of Financial Position (Partial) December 31, 2021 Current liabilities Interest Payable 52500 Non-current liabilities Bonds Payable 111587 eTextbook and Media List of Accounts

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