Citywide Company issues bonds with a par value of $70,000 on their stated issue date. The bonds mature in eight years and pay 10 annual interest in sem annual payments. On the issue date, the annual market rate for the bonds is 8% Tabl Table B 2 Table 83 and Table B.4) (Use appropriate factor(s) 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? Seippe3. Use the interest rates given to select whether the bonds are issued st par, st a discount, or at a premium. 4. Compute the price of the bonds as of their issue date 3. Prepare the journal entry to record the bonds issuance Complete this question by entering your answers in the tabs below. Req 3 to 3R5 Reg 5 Compute the price of the bonds as of their issue date. (Round intermediate calculations to the nearest dollar amount.) Table Value Present Value nterest (annulty) of bonds Req 1 to 3 Req 5 Citywide Company issues bonds with a par value of $70,000 on their stated issue date. The bonds mature in eight years and pay 10 annual interest in sem annual payments. On the issue date, the annual market rate for the bonds is 8% Tabl Table B 2 Table 83 and Table B.4) (Use appropriate factor(s) 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? Seippe3. Use the interest rates given to select whether the bonds are issued st par, st a discount, or at a premium. 4. Compute the price of the bonds as of their issue date 3. Prepare the journal entry to record the bonds issuance Complete this question by entering your answers in the tabs below. Req 3 to 3R5 Reg 5 Compute the price of the bonds as of their issue date. (Round intermediate calculations to the nearest dollar amount.) Table Value Present Value nterest (annulty) of bonds Req 1 to 3 Req 5