9 Problem 14-1A Calculating bond prices and recording Issuance with Journal entries L03, 05.06 CHECK FIGURES: 1a. $350,345; 2a. $270,000; 3a. $212,787 Queen Energy Inc. issued bonds on January 1, 2023, that pay interest semiannually on June 30 and December 31. The par value of the bonds is $270,000, the annual contract rate is 10%, and the bonds mature in 10 years Required For each of these three situations. (a) determine the issue price of the bonds and (b) show the journal entry that would record the issuance, assuming the market interest rate at the date of issuance was a.6% b. 10% c.14%