Jpoints On January 1, 2025, Entity D issued $1,000,000 of 7%,5-year bonds at 98 . The bonds pay interest annually on December 31 and Endity D amorizess ary premium or discount using the straight-line method. These bonds were issued at a discount of $20,000 par of $1,000,000 a discount of $70,000. a premium ot $20.000