Help Sea 8 McWherter Instruments sold $500 million of 6% bonds, dated January 1 on January 1 2018. The bonds mature on December 31, 2013 (20 years). For bonds of similar risk and maturity, the market yield was 8% Interest is paid semiannually on June 30 and December 3 ton Technologies, Inc., purchased $500.000 of the bonds as a long-term investment. (FV of S1. PV of S1, EVA of $1. PVA of $1. EVAD of $1 and PVAD of $) (Use appropriate factorts) from the tables provided.) ts Required 1. Determine the price of the bonds issued on January 1, 201:8 2. Prepare the journal entries to record (a) their issuance by McWherter and (b) Blanton's investment on January 1, 2018 3. Prepare the journal entries by (a) McWherter and (b) Blanton to record interest on June 30, 2018 (at the effective rate) 4. Prepare the journal entries by (a) McWherter and (b) Blanton to record interest on December 31, 2018 (at the effective rate). Skipped eBook Print Complete this question by entering your answers in the tabs below. eferences Required 1 Required 2 Required 3 Required 4 Determine the price of the bonds issued on January 1, 2018. (Enter your answer in whole dollars.) Bond price Required 2 >