Bramble Corporation sold $2,200,000,7%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022. and pay interest on January 1. Bramble Corporation uses the straight-line method to amortize bond premium or discount. Your answer is correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 2310000 Bonds Payable 2200000 able 110000 Premium on Bonds Payable 132000 Dec. 31 Interest Expense N N 22000 (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 105 selling price. BRAMBLE CORPORATION Balance Sheet (Partial) (2) Show the balance sheet presentation for the bond issue at December 31, 2022 using the 97 selling price, BRAMBLE CORPORATION Balance Sheet (Partial)