Please show work.

Tamarisk, Inc. issued $593,000 of 5-year, 7% bonds at 98 on January 1, 2019. The bonds pay interest annually. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically inden Account Titles and Explanation Debit Credit Cash 593000 Discount on Bonds Payable Bonds Payable SHOW LIST OF ACCOUNTS Compute the total cost of borrowing for these bonds Total cost of borrowing $ Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 103. manually.) Account Titles and Explanation Debit Credit Cash Bon Premium on Bonds Payable SHOW LIST OF ACCOUNTS Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 103 Total cost of borrowing $