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.)

		Cash Proceeds	Discount or Premium
a.	Pear, Inc. issued $199,000 of 10-year, 8 percent bonds at 103
b.	Apple, Inc. issued $141,000 of five-year 12 percent bonds at 98
c.	Cherry Co issued $111,000 of five-year, 6 percent bonds at 102 1/4
d.	Grape, Inc issued $59,000 of four-year, 8 percent bonds at 99