(12 points) On February 1, 2021, Sanford & Son issued 10% bonds dated February 1, 2021, with a face amount of $200,000 The bonds sold for $239,588 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Sanford & Son's fiscal year is the calendar year. Stanford & Son uses the straight-line method to amortize any discount and premium Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2021. 2. Prepare the entry to record interest on July 31, 2021 3. Prepare the necessary journal entry on December 31, 2021