WeAreHuskies Corp. issued 9-year $800,000 bond on January 1, 2018 with annual coupon rate of 5%. The bond pays interest semiannually every June 30 and December 31, with the principal to be paid at the end of year 9. The effective annual market interest rate at the issuance date is 4%.

a. Calculate the proceeds of the issuance (show your work in terms of all inputs and round the answer to the dollar):

b. Fill in the financial statement effects of the bond issuance (if the bond is issued at a discount or a premium, be sure to enter it as a separate account):

Assets	=	Liabilities	+	Equity		Sales	-	Expenses	=	Profit

c. What annual coupon rate would WeAreHuskies have to offer to obtain total proceeds of $800,000 on the issuance of these bonds