On Jan1, year 5, ABC Co. Issued $100,000, of 5 year, 12%bonds at a market (effective) interest rate of 13%, receiving cash of $96,406. Interest on the bonds is payable semiannually on June 30 and Dec 31. Compute the following: (20 marks) i. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds. ii. Journalize the entries to record the following: a. The first semiannual interest payment on June 30, Yr. 5, and the amortization of the bond discount, using the interest method. b. The interest payment on Dec 31, Year 5 (second interest payment) and the amortization of the bond discount, using the interest method. c. The interest payment on June 30, Year 6(third interest payment) and the amortization of bond discount, using the interest method.