Required Information [The following information applles to the questions displayed below.] On January 1, 2024, Splash City issues $400,000 of 8% bonds, due in 15 years, with Interest payable semlannually on June 30 and December 31 each year. Assuming the market Interest rate on the issue date is 9%, the bonds will issue at $367,422. 2. How will the bond issuance on January 1,2024 , affect the financlal statements? 3. How will the first two semlannual Interest payments on June 30,2024 , and December 31,2024 , affect the financlal statements? Complete this question by entering your answers in the tabs below. How will the bond issuance on January 1, 2024, affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign. How will the first payment on June 30,2024 , affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign. How will the second payment on December 312024 , affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign
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