Please read the following information and answer the required questions (A-D)

Brew Brothers, Inc. issued the following debt on March 31, 2015 to finance a new bottling line: 1. A $500,000 five-year note, with a stated interest rate of zero percent. The effective rate on the bond is 4%. Interest on the note is compounded semiannually. 2. A ten-year bond with a stated rate of 5% and a face value of $10,000,000 was exchanged for a piece of land with a fair value of $9,256,375. Interest is paid semiannually on September 30 and March 31. 3. A four-year note with a stated rate of 4.5% and a face value of $10,000,000. Interest is paid annually on March 31. The effective interest rate is 4%. Required: a. Prepare the entry to record the issuance of each bond. b. Show what would be reported on the balance sheet at December 31,2015 related to the each issue. c. Show what would be reported on the statement of cash flow for the year ending December 31, 2015 related to the debt. Assume the direct method is used to report cash flows from operations. d. Show what would be reported on the 2016 income statement related to the debt