Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions oisplayed below] Hillside issues $1,200,000 of B\%, 15-year bonds dated January 1,2021, that pay interest semlannually on June 30 and December 31 . Problem 10-1A (Algo) Straight-Line: Amortization of bond discount LO P2 The bonds are issued at a price of \$1,036,935. Required: 1. Prepare the January 1 joumal entry to record the bonds' issuance. 2(b) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For eoch semiannual period, complete the table below to calculate the straight-line discount amortization. 2(c) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to fecord the first two interest payments. Complete this question by entering your answers in the tabs below. Prepare the January 1 journal entry to record the bonds' issuanice. Journal entry worksheet Record the lssue of bonds with a par value of $1,200,000 on January 1,2021 at an issue price of $1,036,935. Notec Enter debits before credits 1. Required information For each semiannual period, compute (b) the cach payment, (b) the stralght-line discount amortization, and (c) the bond interest expense. (Round your final ansnem to t Required: 1. Prepare the January 1 journal entry to record the bondsi issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 2(c) For each semiannual period, complete the table below to caiculate the bond interest expense. 3. Complete the below table to calculate the total bond interest oxpense to be recognized over the bonds" life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare theljournal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Complete the below table to calculate the total bond interest expense to be recognized over the bonds" life. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 2(c) For each semiannual period, complete the table below to caiculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Prepare the first two years of a straight-iline amortization table. (kound your intermediate and final answers to the nearest whole dollar.) Prepare the joumal entries to record the frst two interest payments. (Round your intermediatin and final answers to the nearest whole doular.) Journal entry worksheet Prepare the joumal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whole dollari) Journal entry worksheet Record the secend interest paymem on December 31 Nile Enter debas before credte