Textbook: Financial & Managerial Accounting, The basis for Business Decisions, 15th ed. Exercise 10.10 Chapter 10 Liabilities Mellilo Corp issued $5 million of 20 year, 9.5% bonds on 7/1/2009, at 98. Interest is due on 6/30 and 12/31 of each year, and all of the bonds in the issue mature on 6/30/2009. Mellilo's fiscal year ends in 12/31,. Prepare the following J/E. a. 7/1/2009 to record the issurance of the bonds ......................................................................................................................... b. 12/31/2009 to pay interest and amortize the bond discount............................................................................................... c. 6/30/2029 to pay interest amortize the bond discount and retire the bonds at maturity (make two separate entries)........................................................................................................... d. Briefly explain the effect of amortizing the bond disc. upon (1) annual net income and (2) annual net cash flow from operating activities. (Ignore possible income tax effects)