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Question Help New Trend Company sells $600.000 of 12%, 5-year bonds for 915193 on April April 1. The entry to record the sale of the bonds on April 1 would be as follows: (Intermediary and final answer calculations are 1, 2018 The market rate of interest on that day is 14.5% Interest is paid each year on O A. Cash 600,000 Bonds Payable 600,000 O B. Cash 600,000 50,884 Discount on Bonds Payable Bonds Payable 49,116 549,116 50,884 OC. Cash Discount on Bonds Payable Bonds Payable 600,000 OD, Cash 49,116 549,116 Bonds Payable Question Help Sunrise Company sells S 150,000 of 4%, 5-year bonds for 69 7353 on Apri 1, 20 18 The market rate of interest on that day is 12.5% Interest is paid each year on April The issue price of the bond is $104,603. Sunrise Company uses the straight-line amortization method. The amount of interest expense for each year will be (Round intermediary calculations to the nearest whole number.) O A. $29,986 O B. $15,079 OC. $6,000 O D. $27,829 O E. none of these