please show work/calculations

Problems and Journal Entries (5 points per entry) NOTE: Please round to whole dollars 1. Your company issues $20,000,000 of 5% bonds, maturing in 10 years, on January 1, Year 1. Interest will be paid annually on January 1. On the day the bonds are issued, the market rate is 6%, resulting in a bond price of $18,528,000. Costs of issuing the bond total $50,000. Prepare all of the journal entries to record issuance of these bonds and any end of year adjustments for Year 1. There is space at the bottom of the next page for calculations. 1/1/X1 12/31/X1 2. For the bonds in the problem above, please record all of the necessary journal entries for Year 2. 1/1/X2 12/31/X2 (Space for calculations below)