Wildhorse Company issued $670,000 of 5 -year, 5% bonds at 97 on January 1,2022. The bonds pay interest annually. 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 Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 10-4. (Credit account tities 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 104. Total cost of borrowing