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On January 1, 2025, Marin Company purchased 8% bonds having a maturity value of $240,000 for $260,219.71. The bonds provide the bondholders with a 6% yield. They are dated January 1, 2025, and mature January 1,2030, with interest received on January 1 of each year. Marin Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. (a) Prepare the journal entry at the date of the bond purchase. (List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 1,225.25.) late Account Titles and Explanation Debit Credit an. !025 eTextbook and Media List of Accounts Attempts: 4 of 15 used (b) Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 1,225.25.) Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 1,225.25.) chedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method 8% Bonds Sold to Yield 6%