QUESTION 5 - (10 marks) New Shu Corporation issued $400,000 worth of bonds on January 1, 2010. These bonds had a 10 year term with a stated annual coupon rate of 10% paid on June 30 and Dec 31 every year. At the time of sale the market rate was 8%. Record the journals of the issuance of this bond and its first interest payment on June 30, 2010