On January 1 of this year, Kona Corporation sold bonds with a face value of $1,560.000 and a coupon rate of 10 percent The bonds mature in four years and pay interest semiannually every. June 30 and December 31 . Kona uses the straight-line amortization method and also uses a premium account. Assume an annual market rate of interest of 8 percent (DVot S1, PV of S1. FVA of S1, and PVA of S1) Note: Use appropriote factor(s) from the tables provided. Required: 1. \& 2. Prepare the journal entry to record the issuance of the bonds and the interest payment on June 30 of this year 3. What bonds payable amount will Kona report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the issuance of the bonds and the interest payment on Juna 30 of this year. (if no entry is requirad for a transaction/evont, select "No fournal entry required" in the first aocount fiald. Round your intermediate calculations and final anmers to whole dollaris) Journal entry worksheet Record the issuance of the bonds: Notei triter debis before creatie. Required: 1. \& 2. Prepare the journal entry to record the issuance of the bonds and the interest payment on June 30 of this year. 3. What bonds payable amount will Kona report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. What bonds payable amount will Kona report on its June 30 balance sheet? (Round your intermediate calculations and final answers to whole dollars.)