Sun City issues $56 million of bonds on January 1, 2024 that pay interest semiannually on June 30 and December 31. A portion of the bond amortization schedule appears below. Date 01/01/2024 06/30/2024 Cash Paid $2,800,000 12/31/2024 2,000,000 Interest $2,751,860 2,749,694 Decrease in Carrying Value Carrying Value $61,152,444 $48,140 50,306 61,104,304 61,053,998 Required: 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original Issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? (Hint: Be sure to provide the annual rate rather than the six-month rate.) 5. What is the market annual interest rate? (Hint: Be sure to provide the annual rate rather than the six-month rate) 6. What is the total cash paid for interest assuming the bonds mature in 20 years? 1. The bonds were issued at: 2. Original price 3. Face amount 4. Stated annual interest rate 5. Market annual interest rate 6. Interest paid ode % %