10. Recording Bond Transactions - Issuer (Estimated 10 points) On January 1, 2017, Mania Enterprises issued 10% bonds dated January 1 , 2017, wi amount of $25 million. The bonds mature in 2026 (10 years). For bonds of simak maturity, the market yield is 12%. Interest is paid semiannually on June 30 and D You may round all amounts to the nearest $1 if necessary cember 31 Mania Enterprises Issuer: 1. Determine the price of the bonds at January 1, 2017. Show your calculation. 2. Prepare the journal entry to record the bond issuance by Mania on January 1, 2017. 3. Prepare the journal entry to record interest on June 30, 2017, using the effective interest method