American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. What is the issuance price for this bond? O $140,000 O $87,041 $126,760 $39,719 American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. The Bond Contract is being sold at a O Premium O Discount