annually on December $31,$ snd a maturty date of December $31,2023.$ On the tague date, the morket interest rate was $4$ percert, so the total proceeds from the bond lseve were $$651410.$ Surreal uses the effective$-$intereat bond amortizotion method and adjusts for any rounding eron when reconding trierect in the final yeat.

Required:

Prepare a bond amortization cchedule.

$2-5.$ Prepore the joumbl entilee to record the bond issue, the interest payments on December $31,2021$ and $2022,$ the interest and face value poyment on December $31,2023$ and the bond retrement. Assume the bonds are retired on January $1,2023,$ at e price of $102.$

Answer is not complete:

Complete thls quection by enteing your anawers In the tabs below.

Aka $2$ tos

Propare the joumal entries to recond the bond tssue, the interest payments on December $31,2021$ and $2022,$ the interest and face value payment on Deoomber $31,2023$ and the bond retirement, Aszume the bonds sre retred on january $1,2023,$ st a price of $102.($If no enty is roquired for a transetion$/$avent$,$ selet No Joumal Entry Required In the tret acoount feld.

Round your answers to the nearest whole dollor a mount.$).$