a. On January 1, 20X1, your firm issues a $10,000, 5-year, 10% bond with interest payable annually for $10,389. At the time of the issuance, market rates are 9%. Journalize the issuance of the bond.

b. Journalize the first annual interest payment on December 31, 20X1.

c. Journalize the amortization of the premium/discount on December 31, 20X1. (If necessary, round to the nearest dollar.)

d. On January 1, 20X2, the bonds are called at 99. Journalize this transaction.