The Tomar Crop. sold $100,000 of 9% bonds on March 1, 20A. The life of the bonds is 15 years, with interest to be paid each August 31, and February 28. The bonds were sold at 107.2. Assume that Corp. has a fiscal year end of December 31. The bonds were dated March 1, 20 A. Required: 1. What was the tout of cash received from the sale of the bonds? 2. What is the amount of premium or discount recognized at the sale of the bond? 3. What is the amount of premium or discount that should be amortized monthly using the straight-line method? 4. What is the amount of interest that will be paid to the bondholders on a monthly basis? 5. Give the journal entry to record the sale of the bonds on March 1, 20 A. 6. Give the journal entry to record the first semiannual interest payment on August 31, 20 A, including the amortization of any premium of discount. 7. Give the journal entry needed on December 31, 20 A, if there is any entry Required. (December 31 is the end of the accounting period.) 8. Give the journal entry to record the second semiannual interest payment on February 28, 193, including the amortization of any premium or discount. 1. What is the amount of interest that will be paid to the bondholders on a monthly basis? 2. What is the amount of the accrued interest the bondholders will be Required to pay when they purchase the bonds? 3. Give the journal entry to record the sale of the bonds on March 1, 20 A. 4. Give the journal entry to record the first semiannual interest payment on June 30, 20 A, including the amortization of any premium or discount. 5. Give the journal entry to record the second semiannual interest payment on December 31, 20 A, including the amortization of any premium or discount. 6. What is the amount of bond interest expense that will be recorded for 20 A assuming the fiscal year ends December 31