On January 2, 20X1 Moreland issued $500,000 of 8% 5-year bonds that pay interest on June 30 and December 31 of each year. At the time of issuance, the market rate was 6%. Required: a. What was the issue price of the bonds (i.e., how much cash should Moreland have received)? b. Give the amortization table for the first two full years of the bonds. c. Give the journal entry for the first semi-annual interest payment of the bonds