The Bradford Company issued 12% bonds, dated January 1, with a face amount of $87 million on January 1, 2018, The bonds mature on December 31, 2027 (10 years). For bonds of similar risk and maturity, the market yield is 14%. Interest is paid semiannually on June 30 and December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds at January 1, 2018. 2. to 4. Prepare the journal entry to record their issuance by The Bradford Company on January 1, 2018, interest on June 30, 2018 and interest on December 31, 2018 (at the effective rate). Complete this question by entering your answers in the tabs below Req1 Req 2 to 4 Determine the price of the bonds at January 1, 2018. (Enter your answers whole dollars.) ble values are based on: 20 10% Cash Flow Interest Principal Amount Present Value S 95,000,000 Price of bonds Req 1 Req 2 to 4 The Bradford Company issued 12% bonds, dated January 1, with a face amount of $87 million on January 1, 2018, The onds mature on December 31, 2027 (10 years). For bonds of similar risk and maturity, the market yield is 14%. Interest is oad semiannually on June 30 and December 31. FV Of $1, PV of $1, FVA of $1, PVA of $1, FVAD Of $1 and PVAD of$1 Use appropriate factor(s) from the tables provided.) Required: . Determine the price of the bonds at January 1, 2018. 2. to 4. Prepare the journal entry to record their issuance by The Bradford Company on January 1, 2018, Interest on une 30, 2018 and interest on December 31, 2018 (at the effective rate). Complete this question by entering your answers in the tabs below Req 1 Req 2 to Prepare the journal entry to record their issuance by The Bradford Company on January 1, 2018, interest on June 30, 2018 and interest on December 31, 2018 (at the effective rate) (Enter your answers in whole dollars. If no entry is required for a transaction/event, select No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the bond issuance by the Bradford Company Note: Enter debits before credits. 2018 Record entry Clear entry View general journal Req 1 Req 2 to 4