Using a Premium Amortization Table (Straight Line) For Dingle Corporation, the following amortization table was prepared when $400,000 of 5-year, 7% bonds were sold on January 1, 2024, for $458,000. Period Cash Payment (Credit) Interest Expense (Debit) Premium on Bonds Payable (Debit) Premium on Bonds Payable Balance Carrying Value At issue 58,000 458,000 06/30/24 $14,000 $8,200 $5,800 52,200 452,200 12/31/24 14,000 8,200 5,800 46,400 446,400 06/30/25 14,000 8,200 5,800 40,600 440,600 12/31/25 14,000 8,200 5,800 34,800 434,800 06/30/26 14,000 8,200 5,800 29,000 429,000 12/31/26 14,000 8,200 5,800 23,200 423,200 06/30/27 14,000 8,200 5,800 17,400 417,400 12/31/27 14,000 8,200 5,800 11,600 411,600 06/30/28 14,000 8,200 5,800 5,800 405,800 12/31/28 14,000 8,200 5,800 0 400,000 Required: Question Content Area 1. Prepare the entry to recognize the issuance of the bonds on January 1, 2024. If an amount box does not require an entry, leave it blank. 2024 Jan. 1 - Select - - Select - - Select - - Select - - Select - - Select - Record issuance of bonds at premium Question Content Area 2. Prepare the entry to recognize the first interest payment on June 30, 2024. If an amount box does not require an entry, leave it blank. 2024 June 30 - Select - - Select - - Select - - Select - - Select - - Select - Record interest expense Question Content Area 3. Determine what interest expense for this bond issue Dingle will report in its 2025 income statement. $fill in the blank a33069fe9f7ff87_1 Question Content Area 4. Indicate how these bonds will appear in Dingles December 31, 2027, balance sheet. Dingle Corporation Balance Sheet (partial) December 31, 2027 Bonds payable: $- Select - - Select - $- Select -