ent | Fall 2022 (1) - Protected View . Saved to this PC Search (Alt+Q) jincy jose gn Layout References Mailings Review View Help m the Internet can contain viruses, Unless you need to edit. it's safer to stay in Protected View. Enable Editing Assignment 1. Fall 2022 I. On January 1, 2022, Broncos Universal issued 12% bonds dated January 1, 2022, with a face amount of $200 million. The bonds mature in10 years. For bonds of similar risk and maturity, the market yield is 109%. Interest is paid semiannually on June 30 and December 31. Required: 1. Determine the price of the bonds at January 1, 2022. 2. Prepare the journal entry to record the bond issuance on January 1, 2022. 3. Prepare the journal entry to record interest on June 30, 2023, using the effective interest method. Prepare the journal entry to record interest on December 31, 2022, using fective interest method