The Bradford Company issued 10% bonds, dated January 1, with a face amount of $80 million on January 1, 2021. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31 (FV of $1 PV of $1, EVA of S1, PVA of $1. EVAD of $1 and PVAD of $1) Required: 1. Determine the price of the bonds at January 1, 2021 2. to 4. Prepare the journal entries to record their issuance by The Bradford Company on January 1, 2021, Interest on June 30, 2021 and Interest on December 31, 2021 (at the effective rate). Complete this question by entering your answers in the tabs below. Req Req 2 to 4 Determine the price of the bonds at January 1, 2021. (Enter your answer in whole dollars.) Price of bonds Req 2 to 4 > View transaction list Journal entry worksheet < 2 3 Record the bond issuance by the Bradford Company. Note: Enter debits before credits. Date January 01, 2021 General Journal Debit Credit Record entry Clear entry View general journal Prev 1 of 6 ew transaction list Journal entry worksheet < 1 2 3 Record the interest on June 30, 2021 (at the effective rate). > Note: Enter debits before credits. Date June 30, 2021 General Journal Debit Credit Record entry Clear entry View general journal "No journal entry required" in the first account meld. View transaction list Journal entry worksheet < 1 2 3 Record the interest on December 31, 2021 (at the effective rate). Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Credit Record entry Clear entry View general journal