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please help! 17. Kolzig Corporation issued $2 million, 10-year, 7% bonds on January 1, 2019. Instructions (10 points): For each of the independent situations below.

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17. Kolzig Corporation issued $2 million, 10-year, 7% bonds on January 1, 2019. Instructions (10 points): For each of the independent situations below. (1) prepare the journal entry to record the issuance of the bonds, and (2) compute the total cost of borrowing for the bonds. a. The bonds were issued at 98. b. The bonds were issued at 103

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