On December 31, IOU Corporation issued $100,000 of 10-year, 8% bonds at 98. The bonds pay interest annually on December 31. How much cash did IOU Corporation receive when the bonds were issued? Select one: a. $108,000 b. $784,000 C $100,000 d. $98,000 5- 6- Items that are both unusual in nature and infrequent in occurrence are considered Select one: a. items of other revenues and expenses b. discontinued operations C. extraordinary items d. changes in continuing operations