$2.$ Assuming now that Santos issues $$300,000$ in bonds, due in five years with $9$ percent interest payable annually at year$-$ end. At the time of issue, the market rate for such bonds is $11$percent. a$)$ Illustrate the bond in line as principal invested and interest rate.b$)$ Check the value of bound is it sold at par value.c$)$ Register accounting transactions in journal entries.