On January 1, 2022, Shopify Inc. issued green bonds and received proceeds of $57,069,000. The bonds mature in 13 years and carry a 9% interest rate paid semi-annually. The bonds were issued at a price of 126.82 to yield 6%. Shopify Inc. has a December 31st year-end. Required: a) At the time of issuance, the carrying net book value of the liability for these bonds equals the original proceeds received by Shopify Inc. Will the carrying value of the liability increase over time, decrease over time, or stay the same? Explain. (3 marks) b) What are the financial statement implications from the bond issuance and related transactions on Shopify's Statement of Profit or Loss and Statement of Cash Flows for its December 31, 2022 fiscal year-end? Be specific about the line items affected and quantify. (6 marks)