50 points n January 1, Applied Technologies Corporation (ATC) issued $540,000 in bonds that mature in 10 years. The bonds ave a stated interest rate of 11 percent. When the bonds were issued, the market interest rate was 11 percent. The bonds pay interest once per year on December 31. Required: 1. Determine the price at which the bonds were issued and the amount that ATC received at issuance ount Received at Issuance 2.83. Complete the required journal entries to record the bond issuance end the first interest payment on December no interest has been accrued earlier in the year f no entoy is regpired fo 31 as select No Journal Entry Required" in the first account field ournal entry worksheet