Example 3: plant. On InterTech Corporation needed financing to build a new manufacturing plant. On June 30th, 2017, InterTech issued $3,450,000 of 8-year bonds with a 6% coupon rate (payments due on December 31st and June 30th). The effective interest rate was 8%. December 3esh isof 8-year bonds Use the financial statement effects template below to record the bond issue and InterTech's first two interest payments Income Statement Balance Sheet Liabi Contrib.+ Earned Rev- Net Cash Transaction Asset Noncash Assets Capital Ses ities Capital enues- Expen. Income Bond issue Interest 12/31 Interest 6/30