from local to complete Venezuela Co. is building a new hockey arena at a cost of $8,000,000 It received a downpayment of $4,000,000 businesses to support the project, and now needs to borrow $4,000,000 the project. It therefore decides to issue $4,000,000 of 10.00% -year bonds. These bonds were issued on January 1, 2018, and pay interest annually on each January 1. The bonds yield 8.00% 0 Instructions: 1 (a) Prepare the journal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1, 2018 TE EEEEE 2 (b) Prepare a bond amortization schedule up to and including January 1, 2021 using the wall