For each of the the two bonds below record the journal entries at issuance and record all entries from 2016 through, and including maturity, January 2021. On April 1, 2016 Sons Inc., issues $5,000,000 of 6% bonds to mature on January 1, 2021. The bonds pay interest on July 1 and January 1. The market rate of interest is 8% On January 1, 2016, Trust Co, issues $4,000,000 of 14% bonds to mature on January 1, 2021. The bonds pay interest on July 1. The market rate of interest is 12%