eBook On the first day of its fiscal year, Ebert Company issued $27,000,000 of 5-year, 8% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (erfective interest rate of 10%, resulting in Ebert Company receiving cash of $24,915,049. The company uses the interest method. a. Journalize the entries to record the following: 1 Sole of the bonds. Round amounts to the nearest deltar. For a compound transaction, it en amount box does not require an entry, move it blank Cash Discount on Bonds Payable Bonds Payable 2. rrit semiannual interest payment, including amortization of discount, Round to the nearest dollar, For a compound transaction, it an amount box does not require an entry, leave it blank 3. Second semiannual Interest payment, including amortization of discount. Round to the nearest dollar. For a compound transaction, it an amount box does not require an entry, leave it blank