26. On January 1, 2018, when the market rate of interest was 6%, Habs Company issued four-year bonds with a maturity value of $1,000,000. The bonds have a 5% stated rate and pay interest annually on December 31. (10 points) a) Calculate the bond discount as of the date of issue. b) Calculate the bond discount balance as of January 1, 2020, immediately after the second coupon is paid