Grocery Corporation received $321,980 for 12.00 percent bonds issued on January 1, 2018, at a market interest rate of 9.00 percent. The bonds had a total face value of $270.000, stated that interest would be paid each December 31, and stated that they mature in 10 years. Requlred: Prepare the following table for each account by indicating (a) whether it is reported on the Balance Sheet (B/S) or Income Statement (1/S): (b) the dollar amount by which the account increases, decreases, or does not change when Grocery Corporation issues the bonds; and (c) the direction of change in the account increase, decrease, or no change] when Grocery Corporation records the interest payment on December 31. Answer is not complete. Account (b) Issuance (c) Interest Paid Financial Statement B/S B/S Bonds Payable Discount on Bonds Payable Interest Expense Premium on Bonds Payable No Change No Change Increase Decrease us B/S