3) Sheets, Inc. sold $1,000,000 of bonds at 98 on January interest each year on De 1, 2018. The 4-year, 6% bonds pay cember 31. Sheets incurred $35,000 in bond issue costs using GAAP Required: 1. Prepare the entry to record the sale of the bonds. 2. Prepare the journal entries for the first interest payment. 3. Prepare the journal entries for the second interest payment. (22 poin 4. Prepare the journal entries for the final repayment of the bonds. 1. Cask