Bonds Issued at Par, at a Discount, and at a Premium (AP10-2) of this year, Barnett Corporation sold bonds with a face value of $500,000 and a coupon P10-3 LO10-2, 10-4,10- On January et of 7 percent. The bonds mature in 10 years and pay interest annually on December 31. Barnett uses the effective-interest amortization method. lgnore any tax effects. Each case is independent of the other cases. Required: Complete the following table. The interest rates provided are the annual market rate of interest on the date the bonds were issued. Case A (7%) Case B (8%) Case C (6%) a. Cash received at issuance b. Interest expense recorded in Year 1 c. Cash paid for interest in Year l d. Cash paid at maturity for bond principal P10-4 L010-2, 1 aunt and at a Premium