On January 1 of the current year, Shields Inc. issued $950,000 of 9%, 20year bonds for $1,044,016, yielding a market (yield) rate of 8%. Semiannual interest is payable on June 30 and December 31 of each year. a. Show Excel inputs to confirm the bond issue price. Note: Round your answer to two decimal places. rate = Answer 0.04 nper = Answer 40 pmt = Answer 42750 FV = Answer 950000 Answer = Answer (1,044,016) b. Indicate the financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and premium amortization on June 30 of the current year, and (3) semiannual interest payment and premium amortization on December 31 of the current year. Note: For each account