Whitmore Company issued dollar 579,000 of 5-year, 9% bonds at 95 on January 1, 2014. The bonds pay interest twice a year. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Compute the total cost of borrowing for these bonds. Total cost of borrowing dollar Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 102. Total cost of borrowing dollar