Queen Energy Inc issued bonds on January 1,2023, that pay interest semiannually on June 30 and December 31 , The par value of the bonds is $240,000, the annual contract rate is 8%, and the bonds mature in 10 years. (Use IABLE. MA I and IABLE. MA.2) (Use appropriate factor(s) from the tobles provided.) Required: a. For each of these three situations, determine the issue price of the bonds, (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) b. For each of these three satumions, prepare the journat entry that would record the issuance, assuming the market interest rate at the date of issuance was (1) 6%, (2) 8%, (3) 10% (Use PV tables in determining the issue price of the bonds. Do not round intermediote calculations. Hound the finel answers to the neorest whole dollor.) Journal entry worksheet 3 Record the sale of bonds on original fisue date at 6% market interest rate