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Exercise 15-06 a1-b2 Crane Company issued $560,000 of 5-year, 9% bonds at 95 on January 1, 2020. The bonds pay interest annually. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Cash Discount on Bonds Payable Bonds Payable Debit Credit Compute the total cost of borrowing for these bonds. Total cost of borrowingg Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 105. Total cost of borrowing Click if you would like to Show Work for this question: ORen Show Work