On January 1, 2022, the Coley Corporation purchased $400,000 par value 4% bonds that mature on December 31,2025 . The company has the positive intent and ability to hold the bonds unti they mature. The market rate of interest was 6% when Coley purchased the bonds Coley receives interest on the bonds semiannually each June 30 and December 31 What future cash inflows will Coley receive on this investment? What is the purchase price of the bonds? Did Coley purchase the bonds at a discount or premium? Prepare the journal entry to record the acquistion of the bonds. Euture Value of $1 table Euture Value of an Ord nary Annuity table Euture Value of an Annuity Due table PresentValue of \$1 table Present Value of an Ordinary Annuty table Present Value of an Annuity Due table