Mores Inc. issued $1,600,000 of 4 percent, 10-year bonds payable and received cash proceeds of $1,485,488 on March 31, 2020. The market interest rate at the date of issuance was 5 percent, and the bonds pay interest semi-annually. a. Did the bonds sell at a premium or a discount? b. Prepare an effective-interest amortization table for the bond discount through the first two interest payments. c. Record Mores Inc.'s issuance of the bonds on March 31, 2020, and payment of the first semi-annual interest amount and amortization of the bond discount on September 30, 2020 d. If we were to amortize the bond discount using the straight-line method instead of the effective interest method, record the first interest amortization entry. a. Did the bonds sell at a premium or a discount? The bonds sold at a interest rate because the stated interest rate of the bonds is the market