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Marlies Inc. issued $1,500,000 of 6 percent, 10-year bonds payable and received cash proceeds of $1,393,407 on March 31, 2020. The market interest rate at the date of issuance was 7 percent, and the bonds pay interest semi-annually. a. Did the bonds sell at a premium or a discount? b. Prepare an effective-interest amortization table for the bond discount through the first two interest payments. Use Exhibit 15-5 (or the question below) as a guide, and round amounts to the nearest dollar. c. Record Marlies Inc.'s issuance of the bonds on March 31, 2020, and payment of the first semi-annual interest amount and amortization of the bond discount on September 30, 2020. Explanations are not required. d. If we were to amortize the bond discount using the straight- line method instead of the effective-interest method, record the first interest amortization entry. Requirement a Requirement b B INTEREST D EXPENSE UNAMORTIZED A (% OF DISCOUNT E INTEREST | PRECEDING C ACCOUNT BOND PAYMENT BOND DISCOUNT BALANCE CARRYING SEMI- (% OF CARRYING | AMORTIZATION (Previous D - AMOUNT ANNUAL MATURITY INTEREST VALUE) AMOUNT) (B - A) Current C) (Bond - D) PERIOD