Winter Garden Company ("Winter") issued $1,000,000 face value of 10% bonds on January 1, 2021. Interest is paid on June 30th and December 31st. The bond matures on January 1, 2031. On the date of issue, the market rate was 8%. Required Assuming a December 31st year end, provide the following answers using effective interest rate method. Please show all your calculations (rounded to two decimal places). 1. Calculate the bond cash issue price. Please show calculation. 2. Prepare ALL necessary journal entries for 2021. 3. Assume that on December 31, 2027, Winter redeemed 25% of the bonds outstanding at 105. i. Calculate the carrying value at December 31, 2027. You must show your calculation ii. What is the carrying value of the retired portion of the bond payable? iii. What is the carrying value of the outstanding bonds payable right after the retirement? iv. How much is the cash payment for the retired portion of the bond? v. Calculate the gain or loss on redemption. vi. Prepare the journal entry to reflect the redemption. 4. Prepare the interest entry on June 30, 2028. 5. Assume Winter uses the straight line method to amortize the discount and premium on the bond issue. (a) Prepare the interest entry on June 30, 2027. (b) Compute the carrying value of the bond as at June 30, 2028.