3/18,5 Question 13 of 15 View Policies Show Attemot History Current Attempt in Progress On January 1, 2022. Sarasota Corporation issued $1.740,000 face value, 8%. 10-year bonds at $1.628.333. This prie resulted in an effective-interest rate of on the bonds Sarwota uses the effective interest method to amortire bord premium or discount. The bonds pay annual interest January 1 (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds on January 1 2022. Round answers to decimal places, s. 125. Credit account titles are automatically indented when amount is entered. Do not Indent manly) Date Account Titles and Explanation Debit Credit Jan 1 Cash 1626330 Discountan llands Payable 11106 1240000 Bands Payable (b) Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to decimal places, e.g. 125) SARASOTA CORP Bond Discount Amortization Effective interest Method -Annual Interest Payments Annual Interest Periods Interest to Be Pald Interest Expense to Be Recorded Discount Amortization Unamortiz Discoun Issue dato $ $ 1 2 3 e Textbook and Media List of Accounts (b) Prepare an amortization table through December 31, 2024 (three Interest periods) for this bond issue. (Round answers to decimal places, eg. 125) SARASOTA CORP Bond Discount Amortization Effective-Interest Method--Annual Interest Payments Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value $ $ $ e Textbook and Media