On January 1, 2016, Mania Enterprises issued 12% bonds dated January 1, 2016, with a face amount of S21.0 million. The bonds mature in 2025 (10 years). For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31. (FV of $1 PV of $1, FMA of $1, PVA oL$1. EVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Required: 1. Determine the price of the bonds at January 1, 2016 ond Value 2. Prepare the journal entry to record the bond issuance by Mania on January 1, 2016 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list view general Journal Journal Entry Worksheet Record the issuance of bonds by Mania. Credit Date General Journal Debit January 01, 2016 Enter debits before credits clear entry record entry 3, Prepare the journal entry to record interest on June 30, 2016, using the elTective interest method. (If no entry is required for a transactio select "No journal entry required" in the first account field.) view transaction list view general journal Journal Entry worksheet Record the interest on June 30, 2016, using the effective interest method General Journal Date Debit Credit June 30, 2016 Enter debits before credits record entry clear entry 4. Prepare the journal entry to record interest on December 31, 2016, using the eflective interest method (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)