View previous attempt Exercise 14-3 (Algo) Determine the price of bonds; issuance; effective interest [LO14-2] The Bradford Company issued 10 % bonds, dated January 1, with a face amount of $88 million on January 1, 2021 The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity, the market yield is 14% Interest is pald semiannually on June 29 and December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds at January 1, 2021 2. to 4. Prepare the journal entries to record their issuance by The Bradford Company on January 1, 2021, Interest on June 30, 2021 and interest on December 31, 2021 (at the effective rate). Complete this question by entering your answers in the tabs below. Reg 2 to 4 Req 1