Complete part b.

Oriole Company sold $3,800,000, 4%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Oriole Company uses the straight-line method to amortize bond premium or discount. The bonds were sold at 105. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1, 2022 Cash 3990000 Bonds Payable 3800000 Premium on Bonds Payable 190000 e Textbook and Media List of Accounts (b) Prepare a bond premium amortization schedule for the first four interest periods. Annual Interest Periods Interest Expense to Be Recorded Interest to Be Paid Premium Amortization Unamorti Issue date $ 1 ta $ $ 2 3 4 e Textbook and Media List of Accounts (b) Prepare a bond premium amortization schedule for the first four interest periods. Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value $ $ e Textbook and Media List of Accounts