Ch 10 HW Question 11 of 15 - / 13.2 E View Policies Current Attempt in Progress Sunland Company issued $456,000,7%, 10-year bonds on January 1, 2022, for $489,560. This price resulted in an effective-interest rate of 6% on the bonds. Interest is payable annually on January 1. Sunland uses the effective interest method to amortize bond premium or discount. (a 1) Prepare the schedule using cloculve Interest method to amorize bond premium or discount of Sunland. (Round answers to decimal places.eg. 5,275.) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unam Prei Issue date S 1 2 elextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer Question Part Score --/5.2 (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/31