12.On April 1, 2011, Jenkins Corporation issued $500,000 of 10 percent, 5-year bonds at a yield of 12 percent compounded semiannually. Interest is payable on April 1 and October 1 of each year. The corporation is a calendar-year corporation. Bond premiums and discounts are amortized on interest-paying dates and at year-end. On October 1, 2012, Jenkins reacquired the bonds for retirement when they were selling at 99 on the open market (assume no call premium).

(1)	Determine the issue price of the bonds. Show your computations. (Round to the nearest dollar.)
(2)	Prepare an amortization table through the first three interest periods using the effective-interest method. (Round to the nearest dollar.)
(3)	Prepare the journal entries to record bond-related transactions on the following dates (Round to the nearest dollar.):
	(a) April 1, 2011
	(b) October 1, 2011
	(c) December 31, 2011
	(d) April 1, 2012
	(e) October 1, 2012