5. (10 points) Bonneau Corporation issued 6%,5-year bonds with a par value of $5,000,000 on January 1, 2023, Interest is to be paid semiannually on each June 30 and December 31 . The bonds are issued when the market rate for this bond is 4%. (a) Prepare the general journal entry to record the issuance of the bonds on January 1, 2023. (b) Assume that Bonneau uses the efffective interest method of amortization of any discount or premium on bonds. Prepare the general journal entry to record the first semiannual interest payment on June 30, 2023. Present Value of an Ordinary Annuity Table Figure B.2 Present Value of an Ordinary Annuity Table. lime Value of Money Present Value of $1 Table Figure B.1 Present Value of $1 Table