On December 31. 2020, Paulson company issues a 4-year bond with a par value of $100,000, a contract rate of 8% annually and semiannual interest payments. At time of issues, prevailing interest rates for bonds of similar credit quality and maturity are 10%. Calculate the price of the bond are issued at and record the journal entry to record the bond issuance. (show your calculations) 2. Prepare the journal entry for the first interest payment on the bond