BONDS $-$ Problem $5(6$ points$)$

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$)$:

$\backslash$table$[[$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