use format that will be easy to translate into excel

b. $3.923.959 Appendix 2 EX 11-14 Amortize discount by interest method On the first day of its fiscal year, Ebert Company issued $50,000,000 of 10-year, 7% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 9%, resulting in Ebert receiving cash of $43,495.895. The company uses the interest method a. Journalize the entries to record the following: 1. Sale of the bonds. 2. First semiannual interest payment, including amortization of discount. Round to the nearest dollar 3. Second semiannual interest payment, including amortization of discount Round to the near- est dollar