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Question attached below The Bradford Company issued 12% bonds, dated January 1 , with a face amount of $97 million on January 1,2021 . The

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The Bradford Company issued 12% bonds, dated January 1 , with a face amount of $97 million on January 1,2021 . The bonds mature on December 31,2030 (10 years). For bonds of similar risk and maturity, the market yield is 14%. Interest is paid semiannually on June 30 and December 31. (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1 and PVAD of $1 ) Required: Determine the price of the bonds at January 1, 2021. 2. to 4. Prepare the journal entries to record their issuance by The Bradford Company on 1 , 2021 , interest on 2021 and interest on December 31,2021 (at the effective rate). Complete this question by entering your answers in the tabs below. Determine the price of the bonds at January 1,2021. (Enter your answer whole dollars.) ihe Bradford Company issued 12\% bonds, dated January 1 , with a face amount of $97 million on January 1,2021 . The bonds mature o )ecember 31, 2030 (10 years). For bonds of similar risk and maturity, the market yield is 14%. Interest is paid semiannually on June 30 ind December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1,FVAD of $1 and PVAD of $1 ) equired: . Determine the price of the bonds at January 1,2021. .. to 4. Prepare the journal entries to record their issuance by The Bradford Company on January 1, 2021, interest on June 30, 2021 nd interest on December 31, 2021 (at the effective rate). Complete this question by entering your answers in the tabs below. Prepare the journal entries to record their issuance by The Bradford Company on January 1, 2021, interest on June 30 , 2021 and interest on December 31, 2021 (at the effective rate). (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the bond issuance by the Bradford Company. Note: Enter debits before credits

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