In 2002, martha stewart, the media mogul and ceo of martha stewart living, was prosecuted for insider trading regarding her sale of imclone stock. her stockbroker had informed her that samuel waksal, the ceo and chairman of imclone, was selling substantial amounts of his stock in the company, so she then sold her imclone holdings. what was martha's fate?

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.