Cornerstone Exercise 9-38 Bonds Issued at a Premium (Effective Interest) Charger Battery issued $200,000 of 11%, 7-year bonds on January 1, 2020, for $220,132. Interest is paid annually on December 31. The market rate of interest is 9% Required: Prepare the journal entries for December 31, 2021 and 2022. If required, round your answers to the nearest whole dollar. Dec 31, 2021 111 110 I10 ID0 Dec 31, 2022