PLEASE ONLY ANSWER WHEN YOU ARE $100\%$ SURE THAT YOUR ANSWER IS CORRECT, I WILL LEAVE A THUMB DOWN AND REPORT TO CHEGG IF IT IS NOT. AND PLEAS ANSWER ALL $3$ QUESTIONS, QUESTION $1$ AND $2$ WILL BE PROVIDED IN TEXT BELOW

Twixt Corp. issued $$5,280,000$ of convertible bonds on $1$ January for $$5,062,000$ cash. The bond had the following terms:

$-$Bonds mature in five years$$ time.

$-$Annual interest, $8\%,$ is paid each $31$ December.

$-$Bonds are convertible to $528,000$ common shares at maturity or can be repaid in cash. This choice is up to Twixt Corp.

Current market interest rates are $9\%$

Required:

$1.$ Assign a value to the liability and the equity portions of the bond.:

Liability portion:

Equity portion:

$2.$ Provide the journal entry to record issuance of the bond.

$2\mathrm{.}1$ Record the entry for issuance of bonds.

$3.$ Provide a schedule to show interest expense and amortization of the liability over the life of the bond $($The table provided in the photo below$)$

PLEASE ANSWER ALL $3$ QUESTIONS!! THANK YOU!