PLEASE ONLY ANSWER WHEN YOU ARE $100\%$ SURE YOUR ANSWER IS CORRECT AND ANSWER ALL THE QUESTION $1$ TO $5($QUESTION $3,4,5$ WILL BE PROVIDED IN TEXT BELOW$).$ I will leave a thumb down and report you to Chegg if your answer is incomplete or incorrect! Thank you!

Hambelton Ltd$.$ issued $$3,300,000$ of $5\%$ bonds payable on $1$ September $209$ to yield $4\%.$ Interest on the bonds is paid semi$-$annually and is payable each $28$ February and $31$ August. The bonds were dated $1$ March $20$X$8,$ and had an original term of five years. The

accounting period ends on $31$ December. The effective$-$interest method is used. $($PV of $$1,$ PVA of $$1,$ and PVAD of $$1.)($Use

appropriate factor$($s$)$ from the tables provided.$)$

Required:

$1.$ Determine the price at which the bonds were issued. $($Round time value factor to $5$ decimal places. Do not round intermediate

calculations. Round your final answer to the nearest whole dollar amount.$)$

$2.$ Prepare a bond amortization table for the life of the bond. $($Round time value factor to $5$ decimal places. Do not round

intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank $-$ be certain to enter

$"0"$ wherever required.$)$

$3.$ Prepare journal entries to record the issuance of the bonds, payment of interest, and all necessary adjustments through to the end of $20$X$10$

$3\mathrm{.}1$ Record the issuance of bonds at a premium $($Sep $1,20$X$9).$

$3\mathrm{.}2$ Record the accrual of interest expense $($Dec $31,20$X$9).$

$3\mathrm{.}3$ Record the payment of interest on bonds $($Feb $28,20$X$10).$

$3\mathrm{.}4$ Record the payment of interest on bonds $($Aug $31,20$X$10).$

$3\mathrm{.}5$ Record the accrual of interest expense $($Dec $31,20$X$10).$

$4.$ Calculate the interest expense that would be recorded in each of $20$X$9$ and $20$X$10.$

$5.$ Show how the bond would be presented on the statement of financial position as of $31$ December $20$X$9$ and $20$X$10.$

$20$X$9/20$X$10$

Bonds Payable

Premium on bond payable