QUESTION 2-2 (15 marks): On December 31, 2021, when the market rate was 8%, East End Corp. issued $4,000,000, 10%, 5-year bonds. Interest is payable semi-annually on June 30 and December 31. The bonds were issued for $4,324,436, and the corporation uses the effective interest method of amortizing any bond premium or discount REQUIRED: (a) Complete the amortization table below for the first two periods only. (USE EXCEL TEMPLATE TO COMPLETE YOUR ANSWER) Period ending Carrying value Cash interest paid Premium/ Discount Amortization Interest expense Dec. 31/21 June 30/22 Dec. 31/22 (b) Prepare the journal entries to record the issue of the bonds and the first interest payment (c) Easy End Corp. retires its bonds on December 31, 2024 for cash of $4,150,000. At that date the bonds have a carrying value of $4, 145, 196. Prepare the journal entry to retire the bonds on December 31, 2024