5 E10-11 (Supplement 10A) Recording the Effects of a Premium Bond Issue and First Interest Period (Straight-Line Amortization) [L S1) Grocery Corporation received $321,951 for 11.00 percent bonds issued on January 1, 2015, at a market paid each December 31, and stated that they mature in 10 years. Assume Grocery Corporation uses the rate of 8.00 percent. The bonds had a total face value of $268,000, stated that interest would be straight-ine method to amortize the bond premium 31. (If no entry is required for a transactionlevert, select "No Journal Entry Required" in the first account field. Round your answers to the whole dollar.) Journal entry worksheet