sold $300,000 Mi. Chen decided to raise some cash for his business. On January 1,2018 he of 7 yw 896 Bonds. He also nold 10,000 shares of common stock at $100 per Bedford bought all the bonds and all the stock Mr chare Record the sale on the books of Mr. Chen. Record the purchase on the books of Mr. Becdford 1. 2. Record the July 1 interest payment on Mr. Chen's books and on Mr.Bedford's books. 3. What percentage of Mr. Chen's financing was debt and what percentage was equity? On January 1, 2019 Mr. Bedford sells his bonds to Mr. DeMaris. Record the sale /purchase on Bedford and Demaris books if the current interest rate is 6% and if 10%