(24 points) Glen Avon Inc, specializes in the production of telecommunication satellites. The company has a 6-month fiscal end on December 31 and June 30. In 2004 the company decides to expand their operations and finances it by issuing 8,000 bonds at a 12% coupon rate (annual). The bonds pay interest on November 30 and May 31, and are due on May 31, 2020. a. (3 points) Assuming the bonds are issued on May 31, 2004 at 104, record the journal entry(ies) for the issue. b. (5 points) Record the proper adjusting entry(ies) for the 6-month fiscal end on June 30, 2004. c. (6 points) Record the interest payment on November 30, 2014. d. (4 points) Record the proper adjusting entry(ies) for the 6-month fiscal end on December 31, 2014. e. (6 points) On January 1, 2015, the company purchases 40 percent of the bonds back at 105 plus accrued interest. Record the proper journal entry(ies) for the repurchase