Exercise 10-3 Computing bond interest and price; recording bond issua Bringham Company issues bonds with a par value of $670,000 on their stated issue date. The bonds mature in 9 years and pay 10% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 12%. Table B.1. Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) 4. Compute the price of the bonds as of their issue date. (Round all table values to 4 decimal places, and use the rounded table values in calculations Round Intermediate calculations to the nearest dollar amount.) Table values are based on: n- 18 6.0% Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds 5 0 W View transaction list Journal entry worksheet 1 Record the issue of bonds with a par value of $670,000 for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal