answer plz

Crane Company issued 6560,000 of 5 -year, 8% bonds at 99 on January 1,2020. The bonds pay interest annually. - Your answer is partially correct. Prepare the joumal entry to record the issuance of the bonds. (Credit account tilies are outomatically indented when amount is entered. Do not indent manually.) Compute the total cost of borrowing for these bonds. Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 103. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 103. Total cost of borrowing