ConcordLtd. issued a $1.187.000, 10-year bond dated January 1, 2020. The bond was sold to yield 12% effective interest. The bond paid 10% interest on January I and July 1 each year. The company's year-end was December 31, and Concord followed IFRS, Using 1. factor Tables 2. a financial calculator or 3. Excel function PV calculate the amount received for the bood, and any discounter premium on the bond Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (For calculation purposes, use S decimal places os displayed in the factor table provided and final answers to decimal places.cg. 5.275.) $ Proceeds from sale of bond Discount on bond Prepare the journal entries for above transactions. (Round answers to decimal places. e. 5.275. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit