On June 1, 2005, Jefferson Controls, Inc. issued $12,000,000 of 10 percent bonds to yield 12 percent. Interest is payable semiannually on May 31 and November 30. The bonds mature in 15 years. Jefferson Controls, Inc. is a calendar-year corporation. (1) Determine the issue price of the bonds. Show computations. (2) Prepare an amortization table through the first two interest periods using the effective-interest method. (3) Prepare the journal entries to record bond-related transactions as of the following dates: (a) June 1, 2005 (b) November 30, 2005 (c) December 31, 2005 (d) May 31, 2006