7. Assume that your corporation sold 100, five-year bonds (typical face value price) at 6%, 1/1/20, that pays interest every 6 months. The market saw an interest rate change and the bonds at 92 34. Use the straight line method for your bond discount/premium in this problem. Please provide the journal entries for the sale of the bond, the first interest payment, as well as the paying off of the bond. I 8. Based on the facts in Problem #7, assume that the market rates have changed to 5% and, thus, the bonds now sell for 103% cach. Provide the journal entry for the first interest payment