QS 10-4 Recording bond issuance and interest LO P1, P2, P3 On January 1, Renewable Energy issues bonds that have a $26,000 par value, mature in ten years, and pay 18% interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 10372. 2. How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par