On June 1, 2023, JetCom Inventors Inc. issued a $590,000 11%, three-year bond. Interest is to be paid semiannually beginning December 1, 2023. Required: a. Calculate the issue price of the bond assuming a market interest rate of 12%. (Do not round Intermediate calculations. Round the final answer to the nearest whole dollar.) Issue price of the bond b. Using the effective interest method, prepare an amortization schedule. (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Period Ending Cash Interest Paid Period Interest Discount Expense Amort. Unamortized Discount Carrying Value June 1/23 Dec. 1/23 June 1/24 Dec. 1/24 June 1/25 Dec. 1/25 June 1/26 Totals S 0 0 0 $ 0 $ 0 Part 1 Prepare Journal entries to the following. (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar.) a. Issuance of the bonds on June 1, 2023 b. Payment of Interest on December 1, 2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31, 2024 d. Payment of Interest on June 1, 2024 Assume JetCom Inventors Inc. has a January 31 year-end. View transaction list Journal entry worksheet < 1 2 3 4 Record issued bond at discount. Note: Enter debits before credits. Date June 01, 2023 General Journal Debit Credit Record entry Clear entry View general journal > Part 2 Show how the bonds will appear on the balance sheet under non-current liabilities at January 31, 2025. (Do not round Intermedlate calculations. Round the final answers to the nearest whole dollar.) Balance Sheet (Partial) Non-current liabilities: