Please show how you calculated each #.

Bond Discount Entries for Bonds Payable Transactions On My 1 Year 1 ander Industries Inc. und 18,100,000 of 6-year, 10% bonds at a market (effective) interest rate of 129 receiving cash of $7420,912. Interest on the bonds payal rannal on December and June 30. The fiscal year of the company is the calendar year Required: 1. Journalize the entry to record the amount of cash proceeds from the swance of the bonds on July 1, Year 1.1 an amount box does not require an entry, leave it blank 2. Journalize the entries to record the following: If an amount box does not require an entry leave it blank 2. The first semiannual interest payment on December 31, Year 1, and the amortization of the band discount, using the straight-line method (Round your answer to the nearest dollar) b. The interest payment on June 30, Year 2, and the amortization of the band discount, using the straight line method. (Round your answer to the nearest dolar) Determine the total interest expense for Year 1. Round to the newest der 4. Will the bond always be less than the fece amount of the bonds when the corectate then the matter of interest 5. Compute the price of $2,420,017 received for the bonds by ung this and thround you PV values to decimal places and the transwers to the rest dolar) You total may vary sightly from the price given due to pounding arences Present value of the face amount Present value of the stannual interest payments Price received for the bonds