22. Rock Company issued a $1,000,000 of face value. 3-year bond on January 1, 2014. The bond vas dated January 1, 2014, had an 8% stated rate (per year). pays cash interest annually on December 31, and issued when the market rate of interest vas 6%. Rock Compeny uses the effective-interest method to account for its bond liability. Required 1: For the above data. calculate (mathematically) the bond issue price. (2 points) Required 2: Prepare the necessary journal entry for each of the following dates (assuming that no adjusting journal entries have been made during the year): (8 points) January 1, 2014 (2 points) December 31, 2014 (3 points) December 31, 2015 (3 points)