Question 6 of 8 - / 10 Ivanhoe Inc. issues $752,000 of 5-year, 6% bonds on January 1, 2021. The bonds pay interest annually. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Calculate the issue price of the bonds using a market rate of 5%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to decimal places, e.g. 1,575.) Issue price $ Record the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Date Jan. 1, 2021 Cash Bonds Payable (To record issuance of bonds.)