Problem 1 Part 1: Which of the following statements is correct regarding the issuance of bonds at par? a. The cash proceeds received for bonds issued at par equals the par value of the bond b. The stated interest rate equals the market interest rate for bonds issued at par C. When bonds are issued at par, the Cash account is debited and the Bonds Payable account is credited for the bonds' par value. d-On each semiannual interest payment date, bond interest expense is calculated as bond par value multiplied by the bond contract rate multiplied by 1/2 year. e. All of the above. Part 2: CLT Corporation has an hourly employee who earns $8 per hour for every hour worked up to 40 hours per week and time and a half for every hour over 40 hours. The employee work 46 hours during the week. What is her gross pay? (Round your answer to the nearest whole cent.) a. S460.00 b. $552.00 C. s380.00 d S392.00