Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) a Pear, Inc. issued $176,000 of 10-year, 8 percent bonds at 103 b. Apple, Inc. issued $61,000 of five-year, 12 percent bonds at 98. C d. Cherry Co. issued $165,000 of five-year, 6 percent bonds at 101 1/4 Grape, Inc. issued $33,000 of four-year, 8 percent bonds at 98. Cash Proceeds Discount or Premium