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This Test: 200 pts possible Submit Test Benny's Hamburgers issued 6% 10-year bonds payable at 75 on December 31, 2024 A December 31, 2026 Benny reported the bonds payable as follows (Click the icon to view the bonds payable) Benny's pays semiannual interest each June 30 and December 31 (Assume bonds payable are amortized using the straight-line amortization method) Read the requirements Requirement 1. Answer the following questions about Benny's bond a. What is the maturity value of the bonds? Data Table - X What is the carrying amount of the bonds at December 31, 2020 c. What is the semiannual cash interest payment on the bonds? Long-term Liabilities Bonds Payable Less Discount on Bonds Payable 5 500,000 (120,000) 480,000 d. How much interest expense should the company record each yel Requirement 2. Record the June 30, 2026. semiannual interest payo Date Accounts and Explanation 2026 Jun 30 In the last line of the journal entry table Print Done Choose from any list or enter any number in the input fields and then continue to the next