On January 1, 2023 , Sulu inc. issued 20 -year bonds with a face value of $20,000,000 and a contract rate of 12% payable semi-annually on July 1st and January 1st. The efiective-interest rate on the bonds is 10%. a) How much cash will the company receive when it issues the bonds? b) What is the journal entry to accrue interest on 12/31/2023? The company uses the effective interest rate method to amortize bond premiums and discounts. You may omit the journal entry description