Check my work 8 Ultimate Butter Popcorn issues 6%, 15-year bonds with a face amount of $48,000. The market interest rate for bonds of similar risk and maturity is 5%. Interest is paid semiannually. At what price will the bonds issue? (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to 1 decimal place.) 1.25 points eBook Print References Bond Characteristics Face amount Interest payment Market interest rate Periods to maturity Issue price Amount $ 48.000 $ 1,440 2.5% 30 48,000 $ Mc Graw Check my work 4 Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $61,000 for $66,978 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31. 1.25 points eBook Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate computations and final answers to the nearest whole dollar amount.) Print References View transaction list Mc Check my work 4 Record the bond issue on January 1, 2021. 25 aints Note: Enter debits before credits. eBook Credit Print Date General Journal January 01, 2021 Cash (Discount on Bonds Payable Bonds Payable Debit 66,978 5.978 References 61,000 aw NA Check my w 4 Record the first interest payment on June 30, 2021. 25 noints Note: Enter debits before credits Date General Journal Debit Credit eBook June 30, 2021 Print References