Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A (A) Cash Interest Paid $600,000 x 10.0% x 6/12 (B) Period Interest Expense (E) X 9.0% x 6/12 (C) Amort. (A) - (B) (E) Carrying Value $600,000 + (D) $636,480 635,122 (D) Unamortized Balance $36,480 35, 122 Period Ending June 1/20 Dec. 1/20 $ 30,000 Dec. 1/26 June 1/27 Dec. 1/27 June 1/28 Dec. 1/28 June 1/29 Totals 30,000 30,000 30,000 30,000 30,000 30,000 $ 540,000 $ 28,642 . 27,696 27,593 27,484 27,371 27, 253 27,131 $ 503,520 $ 1,358 . 2,304 2,407 2,516 2,629 2,747 2,869 $36,480 13,168 10,761 8, 245 5,616 2,869 613,168 610,761 608, 245 605,616 602,869 600,000 *Adjusted for rounding (For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Required: 1. Bond Issue A a. Were the bond A issued at a premium and/or discount? Issued at discount Issued at premium Issued at premium & discount b. Journalize the issuance of bond A on June 1, 2020. View transaction list View journal entry worksheet Date Credit No 1 Debit 636,480 General Journal June 01, 2020 Cash Premium on bonds payable Bonds payable 36,480 600,000 c. What is the contract interest rate for the issue bond A? Contract interest rate 10% d. Interest of how much is paid how often for bond A issued? Interest paid $ 30,000 Semi-annually e. What is the term of bond A issue? Term of each bond issue 9 year term f. Show how bond A would appear on the balance sheet under non-current liabilities at July 31, 2026. (Enter all amounts as positive values.) Balance Sheet (Partial) Non-current liabilities Bonds payable, 11.0%, due June 1, 2029 $ Add: Premium on bonds payable 600,000 36,480 $ 636,480 g. Calculate the total bond A interest expense that would appear on the income statement for the year ended July 31, 2027. Total bond interest expense $ 4,669 h. Independent of (a) through (g), assume bond A issues were retired on December 1, 2027, at 97. Record the entries View transaction list View journal entry worksheet Debit Credit No 1 Date General Journal December 01, 2027 Interest payable Bond interest expense Premium on bonds payable Cash 2 December 01, 2027 Bonds payable Premium on bonds payable Cash 600,000 36,480 636,480