Brin Company issues bonds with a par value of $530,000. The bonds mature in 5 years and pay 10% annual interest in semiannual payments. The annual market rate for the bonds is 12% (Table B.1. Table B.2. Table 8.3, and Table 3.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the price of the bonds as of their Issue date. (Round all table values to 4 decimal places, and use the rounded table values in calculations. Round intermediate calculations to the nearest dollar amount.) Tablo Values are based on: n 10 6.0% Table Value Present Value Cash Flow Par (maturity) value Interest (annuity) Price of bonds Amount $530,000 $ 26,500 X $ 0 Required 2 > Brin Company issues bonds with a par value of $530,000. The bonds mature in 5 years and pay 10% annual interest in semiannual payments. The annual market rate for the bonds is 12%. (Table B.1. Table 8.2. Table 8.3, and Table 8.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds" issuance, Complete this question by entering your answers in the tabs below. os Required 1 Required 2 Prepare the journal entry to record the bonds Issuance. (Round Intermediate calculations to the nearest dollar amount.) View transaction list View Journal entry worksheet No General Journal Debit Credit Transaction 1 1 Cash Discount on bonds payable Bonds payable 530,000