On December 31, 2020, Crane, Inc. sold $3,850,000 (face value) of bonds. The bonds are dated December 31, 2020, pay interest annually on December 31, and will mature on December 31, 2020. The following schedule was prepared by the accountant for 2020. On the basis of the above information, answer the following questions. (a1) What is the stated interest rate for this bond issue? Stated interest rate % eTextbook and Media List of Accounts Attempts: unlimited (a2) What is the market interest rate for this bond issue? Market interest rate % eTextbook and Media Prepare the journal entry to record the sale of the bond issue on December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Attempts: unlimited a5). Prepare the journal entry to record the payment of interest and amortization of discount on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)