Please explain how you got the answers with fill calculations. Thank you

E10-9 Computing the Issue Price of a Bond with Analysis of Net Earnings and Cash Flow Effects LO10-3, 108 Imai Company Issued a $1.085 million bond that matures in five years. The bond has a 7 percent coupon rate. When the bond was Issued, the market rate was 6 percent. The bond pays Interest twice per year, on June 30 and December 31 . Use Table 9C.1, Table 9C.2. Required: 1. Record the Issuance of the bond on June 30 . (Round time value factor to 4 decimal places. Enter your answers In dollars not In milllons. Round Intermedlate and final answers to the nearest whole dollar. If no entry Is required for a transaction/event, select "No journal entry required" In the first account fleld.) Journal entry worksheet Note: Enter debits betore credits. 2. Was the bond Issued at a discount or at a premium? Discount Premium