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. Pro, Inc., issued \(\$ 300,000\) of 8 -year, 7 percent bonds at 101 .

b. Sim Co. issued \(\$ 150,000\) of 4 -year, 6 percent bonds at 98 .

c. Chu Co. issued \(\$ 200,000\) of 10 -year, 7 percent bonds at \(102 \frac{1}{4}\).

d. Sing, Inc., issued \(\$ 100,000\) of 5 -year, 6 percent bonds at \(971 / 2\).