I need help, do not want the answer just stuck on how to solve this one. Here is the problem Elkins 1 answer below »

I need help, do not want the answer just stuck on how to solve this one. Here is the problem Elkins Company sold $2,500,000, 8%, 10-year bonds on July 1, 2011. The bonds were dated July 1, 2011, and pay interest July 1 and January 1. Elkins Company uses the straight-line method to amortize bond premium or discount. Assume no interest is accrued on June 30. Show balance sheet presentation for each bond issue at December 31, 2011 I have completed parts a and b I just got that part wrong.

 

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