Analyzing and Reporting Financial Statement Effects of Bond Transactions On January 1, 2012, Trueman Corporation issued $500,000 of 20-year, 11% bonds for $462,384, yielding a market (yield) rate of 12%. Interest is payable semiannually on June 30 and December 31. (a) Confirm the bond issue price. Round answers to the nearest whole number. Present value of principal repayments ox Present value of interest payments $ 0 x Selling price of bonds $ 462,384 (b) Indicate the financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and discount amortization on June 30, 2012, and (3) semiannual interest payment and discount amortization on December 31, 2012 Round answers to the nearest whole number. Use negative signs with answers, when appropriate. Balance Sheet Income Statement Nor cash Contributed Earned Transaction Cash Asset Assets - abilities Capital Capital Revenue - Expenses - Income Net Support (2) (27.500) (27.500) (27,743.04) (27,757.62)