2.) On 1/1/09 SOAPCO issued $1,000,000 8%, ten-year bonds that pay interest every 6/30 and 12/31. Assuming that the market rate of interest on 1/1/09 is 10%, please answer the following questions (round to the nearest dollar): a.) Produce the journal entry to record the bond sale (6 points) b.) On 1/1/10 SOAPCO bought back the bonds for $1,100,000. What is the gain or loss on the transaction (4 points)