P6. Coyote Company issued 20,000 shares of 3-year, 8%, $1,000 par value bonds (i.e., par value/share = $1,000)for 95% of the par value on 1/1/2023. The interest will be paid on 12/31 of each year. Instructions: Prepare any necessary journal entries for the bond on1) 1/1/2023,2) 12/31/2023,3) 12/31/2025, the maturity date of the bond.