Scott Corp. provides contracted home staging services to real estate agencies and their clients. Scott issued the following bonds in the current year: Required: a. Prepare the statement of financial position for 1,500 bonds with $1,000 face value, which the market has valued at $45,000 below its face value. Assume the bonds are issued at the end of the year. Scott Corp Statement of Financial Position (Partial) Bonds payable Less: Discount on bonds payable Bonds payable, net