Exercise 10-16A (Algo) Computing bond interest and price; recording bond issuance LO C2 Bringham Company issues bonds with a par value of $540,000. The bonds mature in 6 years and pay 9% annual interest in semiannual payments. The annual market rate for the bonds is 12% (Table B.1. Table 82. Table 9.3 and Table 8.49 (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds issuance Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list Journal entry worksheet