Use the following information for Problems #1 - #3: Hanson Media Inc. issued $3,525,250 of five year 8% term bonds on January 1, 2019 with interest payable semi-annually (each July 1 and January 1). The market rate of interest for such bonds is 6%. 1] Calculate the bond proceeds (i.e. present value of the bonds) 2) Record the journal entry on Hanson's books for issuance of the bonds: 3] Record the journal on Hanson's books for accrual of interest on June 30th