Reeording and Reporting a Bond tasued et a Discount lwth Diseure ewith a face viue o 5600,005 aned a Goupon rate of 75 percent. The bonda mature in lour years and pay inerest serrlanuaty rvesy June 30 and December 31. Al of the bonds wans soid on Jansary 1 of tia year. Park usas the etectve-ntarest amorization mathod and also uses a ciscount account. Assume an areual market rate of i of 8,5 peroent 1. Provide the joumal enry to record the isuance of the bonds 2. Provide is year. 3. What benda payatble amount wa Park report an ts June 30 balinc sheet? DebitCred 2. Account