5. On January 1, 2010, a company issued 10%, 10-year bonds with a par value of $720,000. Interest is paid semiannually. The bonds were issued for $825,000 cash, which provided the holders an annual yield of 8%. The issuer uses straight line amortization for discounts and premiums. a. Is this bond being issued at face value, a discount, or a premium? b. On the first semiannual interest date, what amount of cash should be paid to the holders of these bonds for interest? c. Journalize the issuance of the bonds. d. Journalize the first interest payment. e. What is the carrying value of the bonds at the end of the 4th year?