10, 11, 13) Saved Citywide Company issues bonds with a par value of $85,000 on their stated issue date. The bonds mature in seven years and pay 10% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 8% (Table 8.1 Table B2 Table and Table B4) (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. How many semiannual interest payments will be made on these bonds over their life? 3. Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium 4. Compute the price of the bonds as of their issue date. 5. Prepare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Reg 1 to 3 Reg 4 Reg 5 Prepare the journal entry to record the bonds issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list View journal entry worksheet No Transaction Debit Credit General Journal No Transaction Recorded