A B C D E G H Mesa Ltd., a Canadian public company with a December 31 yearend, desired to raise cash to fund its expansion by issuing long-term bonds. The corporation hired an investment banker to manage the issue and also hired the services of a lawyer, an audit firm, etc. On May 1, 2019, Mesa sold $800,000 in long-term bonds. The bonds will mature in 10 years and have a stated interest rate of 5%. Mesa realized proceeds of $785,490 on the sale and incurred issue-related costs of $45,000. The bonds pay interest semi-annually on October 31 and April 30. The bonds are to be accounted for using the effective interest method. On November 1, 2020 Mesa retired 50% of the bonds by repurchasing them in the public market. At that time the bonds were selling at par. a. Instructions (Round all values to the nearest dollar) (20 marks) Prepare all entries related to the bond transactions for the year ended December 31, 2019. b. What was the interest expense related to these bonds that would be reported on Mesa's December 31, 2019 income statement? c. What balance(s) would be included on Mesa's December 31, 2019 Statement of Financial Position (include account name, classification and balance)? d. Calculate the gain or loss on the partial retirement of the bonds on November 1, 2020. e. Prepare the journal entries to record the interest payment on October 31, 2020 and the partial retirement on November 1, 2020