Suport Drive-Ins Lid borrowed money by issuing $8,000,000 of 5% bonds payable at 96,5 on July 1, 2018 The bonds are 10-year bonds and pury interest each January 1 and July 1 Read the requirements 1. How much cash did Superb receive when it issued the bonds payable? Journalize this transaction Superb received when the bonds payable were issued 1. How much cash did Superb receive when it issued the bonds payable? Journalize this transaction 2. How much must Superb pay back at maturity? When is the maturity date? 3. How much cash interest will Superb pay each six months? 4. How much interest expense will Superb 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, 2018, and the payment of interest on January 1, 2019