Problem 3 (Independent Short Questions) (enoiteon rode inobasqobal) maldoy" A. Cartwright Corporation had a $1,350,000, 5% bond available for issue on March 1, 2020. Interest is to be paid semi-annually beginning September 1, 2020. All of the bonds were issued at par on April 1, 2020 Prepare the journal entries for April 1 and September 1, 2020 B. Stay Fit for Life Inc. issues three series of $1,000,000 ten-year bonds dated January 1, 2020 on the issue date. Interest is payable on June 30 and December 31 each year and The market rate of interest at time of issue is 5%. Determine the proceeds for each of the Bond Series: 1. Series A has a coupon rate of 3% 2. Series B has a coupon rate of 6%