I am asking help in Processing this problem step by step you can use any data table for calculating according to the resevance of the questions.

On January 1, 2021 Angus company, Inc.,issued 10% bond with a face amount of $54,000,000, dated january 1. the bonds mature in2040 (20 years) the market yield for bonds of similia risk and maturity is 12%. Interest is paid semi-Anually. (FV of $1, PV of $1, FVA of $1, PVA of $1,FVAD of $1, and PVAD of $1) ) use factors from tables that is common to use)

1 Determint the price of the bonds at January 1,2021

2 Prepare the journal entry to record their issuanceby Angus

3 Assum the market rate was at 9%. Determin the price of the bonds at January 1,2021

4 Assum the markete rate was at 9% prepare the journal entry to recordtheir issuance byAngus

5 Assum Ballerd Industies purchased the entire issue in a private placement of the bonds. Using the data in requirment 2 prepare the journal entry to record the purchaseby Bellard industries