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. (Do not round Intermediate calculations.) Cash Proceeds a. Pear, Inc. issued $400,000 of 10-year, 8 percent bonds at 103. b Apple, Inc. issued $200,000 of five-year, 12 percent bonds at 97 1/2 Cherry Co. Issued $100,000 of five year, 6 percent bonds at 102 1/4 d. Grape, Inc. issued $120,000 of four-year, 8 percent bonds at 96. Discount or Premium Premium Discount Premiurn Discount C