Please help explain how to do it too.

Mazeltov Corporation issued $100,000 3-year, 10% stated rate bonds on January 1, 2004. The bonds pay interest semi-annually and sold at a market rate of 8%.

a. Calculate the issue price of the bonds.

b. Prepare an amortization schedule for the bonds (use the table below):

Payment date	Carrying value, beginning	Cash interest	Interest expense	Amortization	Carrying value, ending
6/30/04
12/31/04
6/30/05
12/31/05
6/30/06
12/31/06

c.Record the interest expense entry for the 6/30/05 interest payment:

Accounts	Debits	credits