Orange Corp. is in need of cash. It issues bonds with a $500,000 face value. The bonds have a 5% coupon rate. The market rate is 5%. The bonds have a life of 5 years, and are compounded semiannually. Orange Corp. issues the bonds on 1/1/2022. __________________________________ What is the journal entry at Orange Corp. will record on 6/30/22? Question 2 options: Dr. Interest Revenue $12,500 Cr. Cash $12,500 N/A - No entry is required Dr. Interest Expense $25,000 Cr. Cash $25,000 Dr. Interest Expense $12,500 Cr. Cash $12,500