12. Assume Bold City Brewery issues a $450,000, 5 percent, 15-year mortgage note on January 1, 2018, to finance the purchase of a new building. Payments of $21,500 on the mortgage will be made semiannually on June 30 and December 31 of each year. a. Record the purchase of the building: b. Record the first loan payment: 13. Assume that on April 1, 2020, Bold City Brewery issues $300,000 of 6 percent bonds payable that mature in 10 years. The bonds will pay interest semiannually on March 31 and September 30. Assume the market rate of interest on April 1, 2020 is 6 percent. a. Record the bond issuance: b. Record the first semiannual interest payment: c. Record the repayment of the bonds