10 points BA Glover Corporation issued $2,000,000 of 75% 6 year bonds dated March 1, 2011, with semiannual interest payments on September and March 1. The bonds were sued on March 1, 2011, at 97. Glover's year-end is December 31 a) Were the bonds issued at a premium, a discount, or at par? b) Was the market rate of interest higher, lower, or the same as the contract rate of interest? Cif the company uses the straight line method of amortization, what is the amount of interest expense Glover Corporation will show for the year ended December 31, 2017 d) What is the carrying value of the bonds on December 31, 2011 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 14px LI XO A 10 points BA Glover Corporation issued $2,000,000 of 75% 6 year bonds dated March 1, 2011, with semiannual interest payments on September and March 1. The bonds were sued on March 1, 2011, at 97. Glover's year-end is December 31 a) Were the bonds issued at a premium, a discount, or at par? b) Was the market rate of interest higher, lower, or the same as the contract rate of interest? Cif the company uses the straight line method of amortization, what is the amount of interest expense Glover Corporation will show for the year ended December 31, 2017 d) What is the carrying value of the bonds on December 31, 2011 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 14px LI XO A