Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount.

a. Red, Inc., issued \(\$ 200,000\) of 10 -year, 8 percent bonds at 104 .

b. Blue, Inc., issued \(\$ 80,000\) of five-year, 12 percent bonds at \(961 / 2\).

c. Green Co. issued \(\$ 100,000\) of five-year, 6 percent bonds at \(102 \frac{1}{4}\).

d. Yellow, Inc., issued \(\$ 50,000\) of four-year, 8 percent bonds at 97 .