Network Solutions Inc, produces and distributes fiber optic cable for use by telecommunications companies. Network Solutions inc. issued $25,000,000 of 20 -year, 6% bonds on March 1 at their face amount, with interest payable on March 1 and September 1 . The fiscal year of the company is the calendar year. Illustrate the effects on the accounts and financial stateroents of recording the following selected transactions for the current year. If no account activity is affected, select "No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Mar. 1. issued the bonds for cash at their face amount. Sept. 1. Paid the interest on the bonds. Dec. 31. Recorded accrued interest for four months