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Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. Cash Proceeds Discount or Premium a. Pear, Inc., issued S400,000 of 10-year, 8 percent bonds at 103 b. Apple, Inc., issued $200,000 of five-year, 12 percent bonds at 97 1/2. c. . Cherry Co. issued $100,000 of five-year, 6 percent bonds at 102 1/4 d. Grape, Inc., issued $120,000 of four-year, 8 percent bonds at 96