The company issues 6% 5-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 5.8%. n % PV PVA 55.800.754354.2354 5 6.00%0.747264.2124 102.90%0.75136 8.5739 103.00% 0.74409 8.5302 ROUND ANSWERS TO NEAREST DOLLAR 1. What is the issue price of the bond? $ 2. Record the issuance of the bond: When recording the journal entry above, how much was the discount or premium? 3. What is the interest expense for the first interest payment? $ 4. What is the bond liability after the first interest payment? $_ s. What is the interest expense for the second interest payment? $_