3. Prepare a bond discount amortization schedule for these bonds. (Do not round Intermedlate calculatlons. Round your answers to the nearest dollar) Changes During the Period Ending Bond Liability Balances Interest Expense Discount Amortized Discount on Carrying Value Bonds Payable Period Bonds Payable B Cash Paid Ended e Start Yr 1 End Yr 2 End Yr 3 End Yr 4 End Yr 5 End Yr 6 End Yr 7 End Yr 8 End Yr End Yr 10 End Required Informetlon The following information applies to the questions displayed below] On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $170.000. 9 percent bond issue for $159,547. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount. Required: 1. & 2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31. (If no entry ls required for a transactlon/event, select "No Journal Entry Required" In the first account feld. Round your answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the issuance of bonds for $159,547 with a face value of $170,000. Note: Enter debits before credits Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Journal entry worksheet Record the interest payment on December 31. Note: Enter debits before credits Date General Journal Debit Credit December 31 Record entry Clear entry View general journal