Sun City issues $47 million of bonds on January 1, 2021 that pay interest semiannually on June 30 and December 31. A portion of the bond amortization schedule appears below: Date 01/01/2021 06/30/2021 Cash Paid Interest Expense Decrease in Carrying Value Carrying $1,645,000 12/11/2021 1,645,000 $1,469,958 1,465,582 $175,042 179,418 Value $58,798,304 58,623,262 58,443,844 Required: 1. Were the bonds issued at face amount, a discount, or a premium? O Discount O Premium O Face amount 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? ace amount 4. What is the stated annual interest rate? (Hint: Be sure to provide the annual rate rather than the six-month rate) State onus in % 5. What is the market annual interest rate? (Hint Be sure to provide the annual rate rather than the six-month rate) 2. What is the original issue price of the bonds? Original price 3. What is the face amount of the bonds? Face amount 4. What is the stated annual interest rate? (Hint: Be sure to provide the annual rate rather than the six-month rate.) Stated annual interest rate: % 5. What is the market annual interest rate? (Hint: Be sure to provide the annual rate rather than the six-month rate.) Market annual Interest rate % 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Interest paid