Use the following in formation to answer questions 11-13. On January 1, 2015, Sampson Corporation issued 5-year $100,000 bonds with an 8% stated rate of interest at 103, Sampson Corporation pays the interest semi-annually on June 30 and December 3 1 and uses the straight-line amortization method. 11. What is the issuance price for the Sampson Corporation bonds? a. $97,000 b. $100,000 c. $103,000 d. $106,000 nti 12. The journal entry to record the issuance of these bonds includes: (a. b. c. d. A debit to Discount on Bonds Payable for $3,000 A debit to Premium on Bonds Payable for $3,000 A credit to Discount on Bonds Payable for $3,000 A credit to Premium on Bonds Payable for $3,000 13. What is the amount that would be credited to cash for the interest payment entry on June 30, 2015? a. $4,000 b. $4,120 c. $8,000 d. $8,240 The following information pertains to questions 14 and 15. On April 1, 2016, Hope Co. borrowed $5,000 from Capital Bank. The note had a 10 percent annual interest rate and a one-year term. Assume that year-end is December 31, 2016. 14. How much interest expense will Hope Co. recognize on its 2016 income statement? a. $O. b. $250. c. $375. d. $500. 15. What amount of total liabilities would Hope Co. report on its 12/31/2016 balance sheet? a. $5,000. b. $5,375 c. $5,500. d. $5,750