ABC Corporation issued $200,000 of its five-year, 10% bonds payable when the market interest rate was at 8%. The bonds were dated and issued on January 1, 2019, and interest is paid semiannually on each July 1 and each January 1.The effective interest method is used for amortization and adjusting journal entries are only recorded on December 31 of each year. Present value tables can be found at the end of the Exam file. Required A. Prepare the journal entry for the sale of the bonds. B. Prepare the journal entry to record the first interest payment on 7/1/19. C. Prepare any adjusting entries required on 12/31/19 D. Prepare the journal entry to record the second interest payment on 1/1/20 E. What would the carrying value of the bonds be on 12/31/19, after any adjusting entries are recorded