12 On January 1, 2021, Ibtesam Corp. issued $4,000 face value bonds at 105 . 2 These bonds pay interest at a 6% annual rate and pay interest twice a year, on June 30th and December 31 st. The bonds have a 2-year life. 1. Prepare the journal entry to record the issuance of the bonds on January 1 , 2021 (3 points). 2. Prepare the journal entry to record the first interest payment on June 30,2021 (3 points). 3. Prepare the journal entry to record the second interest payment on December 31, 2021 (3 points). 4. On December 31, 2021, Ibtesam Corp. retired the bonds at 95 . Prepare the journal entry to record the retirement (4 points)