Nordic Company issued bonds with the following provisions: Maturity value: $60,000,000. . Interest: 7.9 percent per year payable semi-annually each June 30 and December 31 Terms: Bonds dated January 1, year 1, due five years from that date The company's fiscal year ends on December 31; the bonds were sold on January 1, year 1, at a yield of 8 percent Use Table 9.1. Table 9C.2. 2. Prepare the journal entry to record the issuance of the bonds. Use a discount or a premium account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round the final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record issuance of bonds at a discount. Note: Enter debits before credits General Journal Dobit Credit Date January 01 Record entry Clear entry View general journal Next > Required: 1. Compute the issue (sale) price of the bonds. (Round time value factor to 4 decimal places. Round the final answer to the nearest whole dollar) Issue (le price $ 59,758.833