On the first day of its fiscal year, Ebert Company issued $15,000,000 of 5-year, 10% bonds to finance its operations. Interest is payable semianntly. The bonds were issued at a market (effective interest rate of 12%, resulting in Ebert receiving cash of $13,896,068. The company uses the Interest method. 1. Joumalize the entries to record the following: 1. Sale of the bands. Round amounts to the nearest dollar. If an amount box does not require an entry, leave it blank 2. Flest semiannual interest payment, including amortization of discount, Round to the eart dont nout box do motore an entry, leave it bank 3. Secand semiannual interest payment, capo amortization or discount, Round to the men do not require an entry, leave it blank b. Compute the amount of the hand expense for the first year Round mounts to the not doan Annual interest aid Discount amortized Interest expense for first ve