Sebastian Corporation issued $500,000 face amount of bonds on March 1, 20X0. The bonds pay interest semiannually on March 1 and September 1 of each year at an annual rate of 7% and are due to mature in ten years. The prevailing market rate for bonds with similar terms at the time of issue was 8.5%. On September 1, 20X3, the company retired all of the bonds at their market price when the prevailing market rate for these bonds was 7.75%. The company's fiscal year ends on December REQUIRED: (1)Calculate the price of the bond at the time of issue. Show supporting calculations and round all calculations to the nearest whole dollar Prepare an amortization schedule for the bonds using the attached format through the September 1, 20X3 interest payment. Round all calculations to the nearest whole dollar Prepare all general journal entries in good form, using the attached forms, to record the entries that would be required for these bonds from March 1,20X0 through September 1,20X1. Provide a brief explanation for the entries made Calculate the price of the bond at the time of retirement by the company Show supporting calculations and round all calculations to the nearest whole dollar Prepare all general journal entry(ies) in good form, using the attached forms, to record the entries that would be required for the retirement of the bonds on September 1, 20X3 (2) (3) (4)