1. (21pts) Red Ryder Corp sells bonds on January 1, 2020 that will mature in 10 years. The face value of the bonds is $10,000 and the annual stated rate is 4%. The bond pays interest semi-annually on June 30 and December 31. The market rate for the Red Ryder Corp bonds is 6% on 1/1/2020, 8% on 6/30/2020, and 2% on 12/31/2020. Red Ryder Corp uses the effective interest rate method to account for any premium or discount. Answer the following questions with the above information. a. What is the journal entry(ies) that Red Ryder Corp should record on January 1, 2020? Write "NONE" if no journal entry should be recorded.