Swanson Corporation issued $8 million of 20-year, 8 percent bonds on April 1, 2011, at 102. Interest is due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31, 2031. Swansons fiscal year ends on December 31. Prepare the following journal entries: a. April 1, 2011, to record the issuance of bonds. b. September 30,20011, to pay interest and amortize the bond premium. c. March 3, 2011, to pay interest, amortize the bond premium, and retire the bonds at maturity (make two separate entries) d. Briefly explain the effect of amortizing the bond premium upon (1) annual net income and (2) annual net cash flow from operating activities (Ignore possible income tax effects)