Bluestone Company issued bonds with a face value of $500,000 on January 1, Year 1 at 90. How would this event affect the company's financial statements? Multiple Choice Increase assets (cash) by $450,000, decrease liabilities (discounts on bonds payable) by $50,000, and increase liabilities by $500,000 Increase assets (cash) by $500,000, decrease liabilities (discounts on bonds payable) by $50,000, and increase liabilities by $550,000 Increase assets (cash) by $450,0 , decrease liabilities (premium on bonds payable) by $50,000, and increase liabilities by $500.000. Increase assets (cash) by $500,000 and increase liabilities by $500.000