Martin Equipment has a June 30/19 year end and issues a $100,000 bond bearing interest at 7% for 96. At the time the bond was issued the market rate of interest was 8%. The bond was issued on May 1, 2019 and pays interest on November 1 and May 1 of each year. Use the effective interest method of amortization if needed. Round all amounts to the nearest dollar, no descriptions are needed. Required: 1) Record journal entry for the issuance of the bond payable. 1 mark 2) Record any June 30, 2019 year end entries if needed. 2 marks 3) Record all entries needed with the November 1, 2019 interest payment. 2 marks Marks Available: 5