analyzing and reporting financial statement effects of bond transactions on january 1 of the current year, arbor corporation issued $800,000 of 20-year, 11% bonds for $739,815, yielding a market (yield) rate of 12%. interest is payable semiannually on june 30 and december 31. (a) confirm the bond issue price. round answers to the nearest whole number. present value of principal repayment answer present value of interest payments answer selling price of bonds $739,815 (b) indicate the financial statement effects using the template for (1) bond issuance