Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount (Round your answers to nearest dollar amount.) Cash Proceeds Discount or Premium a. Pear, Inc. issued $172,000 of 10-year, 8 percent bonds at 103. 6. Apple, Inc. issued $98,000 of five-year, 12 percent bonds at 98. Cherry Co, issued $106,000 of five-year, 6 percent bonds at 103 1M. d. Grape, Inc. issued $48,000 of four-year, 8 percent bonds at 98.00