Legacy issues $630,000 of 9.0%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $571,310, and their market rate is 12% at the issue date. Required: 1. Are these bonds issued at a premium or a discount and how can you tell? 2. Prepare the January 1, 2018, journal entry to record the bonds' issuance. 3. Prepare an effective interest amortization table for the bonds. 4. Prepare the journal entries to record the first two interest payments. 5. Show how the bonds how and interest will be presented on the December 31,2018 financial statements