Bringham Company issues bonds with a par value of $620,000 on their stated issue date. The bonds mature in 8 years and pay 10% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 12% (Table 1 Table 2 Table 3. and Table B4) (Use appropriate factorfs) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. How many semiannual interest payments will be made on these bonds over their life? 3. Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. 4. Compute the price of the bonds as of their issue date 5. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below Req 1 to 3 Reg Reg 5 What is the amount of each semiannual interest payment for these bonds? How many semiannual interest payments will be made on these bonds over their life? Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. ual (rnaturity) value ate Number of payments Whether the bonds are issued at par, at a discount or at a premium? Req 4 > 3. Use the 4. Compute the price of the bonds as of their issue date 5. Prepare the journal entry to record the bonds issuance interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. Complete this question by entering your answers in the tabs below. Req 1 to 3Req 4 Req 5 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 t Table Values are Based on: sh Flow Par (maturity) value interest (annuity) Price of bonds Table Value Amount Present Value Req5 > Journal entry worksheet Record the issue of bonds with a par value of $620,000 for cash. Note: Enter debits before credits. General Journal Debit Credit Transaction Record entry Clear entry View general journal