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3. (12 points) Radiant Corporation issued $3,000,000 face value 7 percent 5 -year bonds on 1/1/22. The bonds pay imicrest semiannually and were sold to

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3. (12 points) Radiant Corporation issued $3,000,000 face value 7 percent 5 -year bonds on 1/1/22. The bonds pay imicrest semiannually and were sold to yield 8 percent. The bonds were purchased by Sunshine, Inc. a. What is the issuance price of the bond? 4% b. Prepare the entry that Radiant would make to record the issuance of thq bonds. CashBNDpSCT{2,878,336121,64 UBNDPAY c. Prepare the entry Radiant Corporation would make to record the seeond interest payment. d. Record the entry Radiant Corporation would make to record the retirement of the bond at its maturity date. BWD5 PAY 3,000,000L cash 3,000,000 e. Prepare the entry that Sunshine would make to record the purchase of the bonds. lhv ind bond BND DSCT cash 2878,336 f. Prepare the entry Sunshine would make to record the second interest payment

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