2. Amortization for bonds discount or premium Grove Corporation issued 800,000 of 8%10-year bonds on October 1, 2021 for 738,224. The interest is to be paid twice a year on The bonds were sold to yield 10% effective annual interest. Grove Corporation closes its books annually on and uses the for bonds discount/premium amortization. (1) Provide the journal entry for the issuance of the bonds on October 1, 2021. (2) Prepare the adjusting entry for December 31, 2021 . (3) Prepare the journal entry to record the interest payment on April 1, 2022