Arin Company issues bonds with a par value of $550,000. The bonds mature in 7 year5 and pay 6% annual interest in semianncal payments, The annubi market rate for the bonds is 8%. Copie B.1, Table B2. Table A.3, and Thblo B.4) Note: Use appropriate factoris) from the tables provided. 1. Compute the price of the bonds as of their issue date. 2. Prepare the joumal entryto record the bonds' issuance. Complete this question by entering your answers in the tabs below. Compute the price of the bonds as of their issue date. Note: Round all table values to 4 decimal places, and use the rounded table values in calculations. Round intermediate calculations to the hearest doliar amount. Brin Company issues bonds with a par value of $550,000. The bonds mature in 7 years and pay 6% annual interest in semiannual payments. The annual merket rate for the bonds is 8\%. (Toble. B1. Toble 8.2. Table 8.3, and Tabie B .4) Note: Use appropriate factoris) from the tables provided. 1. Compute the price of the bonds as of theif issue date. 2. Prepare the journal entry to record the bondst issuonce. Complete this question by entering your answers in the tabs below. Prepare the foumal entry to record the bondes' issuance. Notef Round intermedigte calovitions to the nearest dollar amount