Exercise 2. Bonds payable CD Company issues $1,000,000 face value of bonds at 92 on January 1 , 2020. The company incurred bond issue costs of $20,000. The bonds are dated January 1,2020 , pay interest semiannually at 10% on June 30 and December 31 , and mature in 5 years. Straight-line amortization is used for discounts and premiums. On January 1, 2022, the bonds are called at 98. Required (1) What is the bond issue price on 01/01/20 ? (2) Was the bond issued at a discount or a premium? How much was the discount or premium? (3) What is the bond reacquisition (call) price on 01/01/22? (4) What is the net carrying value of the bonds payable on 01/01/22? (5) Record all the necessary journal entries on: (a) January 1, 2020. (b) June 30, 2020 and December 31, 2020. (c) January 1, 2022