1. On January 1,20X1,ABC Company issued $100,000 of bonds that mature in 3 years. The coupon rate was 10% with coupon to be paid semi-annually on June 30 and December 31 each year. The annual effective interest rate was 8%. Assume there were no bond issue costs. These were the only bonds that ABC Company issued in 20Xl and ABC Company did not retire any bonds payable between 20X1 and 20X3. Use the effective interest method. (1) Are the bonds sold at discount, premium or par? Why? Answer without computing bond issue price. (2) What is the bond issue price? (Round to the nearest whole dollar amounts) (3) Complete the following amortization schedule (Round to the nearest whole dollar amounts) (4) Prepare journal entries on 1/1/201,6/30/201,12/31/201,6/30/202 and 12/3/1202