Exercise 14-16A Computing bond interest and price; recording bond issuance LO C2 Bringham Company issues bonds with a par value of $800,000. The bonds mature in 10 years and pay ex annual interest in semiannual payments. The annual market rate for the bonds is 8% (Table 81. Table 2. Table 83 and Table B4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of the issue date. 2. Prepare the journal entry to record the bonds Issuance. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the journal entry to record the bonds issuance. (Round intermediate calculations to the nearest dollar amount) Hia transaction Debit Credit 1 1 General Journal Cash Discount on bonds payable Bonds payable solo 795,185 14,814 800.000