Sunset $$Drive$-$Ins Ltd$.$ borrowed money by issuing $$2,500,000$ of $88\%$ bonds payable at $96\mathrm{.}596\mathrm{.}5$ on July$1,2021.$ The bonds are$10-$year bonds and pay interest each January $1$ and July $1.$ Read the requirements LOADING... $.$ Question content area bottom Part $11.$ How much cash did SunsetSunset receive when it issued the bonds$$ payable? Journalize this transaction. When the bonds payable were issued, Sunset received Help me solve this Etext pages Get more help Clear all Check answer pop$-$up content starts Requirements $1.$ How much cash did SunsetSunset receive when it issued the bonds$$ payable? Journalize this transaction. $2.$ How much must SunsetSunset pay back at$$ maturity? When is the maturity$$ date? $3.$ How much cash interest will SunsetSunset pay each six$$ months? $4.$ How much interest expense will SunsetSunset report each six$$ months? Use the$$ straight$-$line amortization method. Journalize the entries for the accrual of interest and amortization of discount on December$31,2021,$ and the payment of interest on January$1,2022.$