Question 4 (15 marks) ACYPA Corporation issued $800,000 of 10% 10-year bonds on 1 January 2022. The interest is to be paid twice a year on 1 July and 1 January, in arrears. The bonds were sold to yield 12% (discount rate) effective annual interest. Each financial year ends on 31 December. n = 10; i = 12%: = 20; i = 6% n Present value of a single sum of 1 0.32197 0.31180 Present value of an ordinary annuity of 1 5.65022 11.46992 Required: (a) Calculate the issue price of the bonds. Show your workings. (3 marks) (b) Prepare the journal entries for 2022. Use the effective-interest method. Round all the answers to the nearest integer with no decimal place. (8 marks) (c) Explain the term "imputation" and suggest what factors would be considered for imputation. (4 marks) [Total for Question 4: 15 marks]