Thomas, Incorporated issues $250,000 of 10-year, 10% bonds on January 1, 2021. Required: Determine the amounts (bonds payable, unamortized premium or discount, and bonds payable, net) that will be reported on a balance sheet prepared as of the date of issuance of January 1, 2021 under each of the following assumptions:

a. The bonds are sold at 100.

b. The bonds are sold at 104.

c. The bonds are sold at 98.