Point North Inc issued bonds on September 1, 2020, with a par value of $320,000. The bonds mature in 15 years and pay 700% annual interest in two semiannual payments. On the issue date, the annual market rate of interest for the bonds turned out to be 6% (Use TABLE 14A 1 and TABLE 14A 2) (Use appropriate factor(s) from the tables provided.) a. What is the semiannual interest payment for these bonds? (Do not round intermediate calculations. Round the answer to the nearest whole dollar) Size of Gemi-annual payment b. How many semiannual interest payments will be made on these bonds over their life? Number of payments c. Use the information about the interest rates to decide whether the bonds were issued at par, at a discount, or at a premium issued at a discount O issued a premium Issued at par d. Calculate the issue price of the bonds on September 1, 2020. (Do not round intermediate calculations. Round the final answer to the nearest whole dollar) Issue price Journal entry worksheet Record the issue of the bonds on the original issue date. Note: Enter debits before credits. Date General Journal Debit Credit September 01, 2020 Record entry Clear entry View general journal