Cullumber Co. sells $429,000 of 12% bonds on June 1.2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2024. The bonds yield 8%. On October 1, 2021. Cullumber buys back $128,700 worth of bonds for $134,700 (includes accrued interest). Give entries through December 1, 2022. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to decimal places, eg.38,548.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Can Cash Interest Premium Date Paid Expense Amortized Bo 11/20 Amo 2/1/20 1/21 2/1/21 V1/22 2/1/22 /1/23 2/1/23 V1/24 Difference due to rounding Prepare all of the relevant journal entries from the time of sale until December 31, 2022. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answers to decimal places es. 58,971. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Difference due to rounding Prepare all of the relevant journal entries from the time of sale until December 31, 2022. Assume that no reversing entries were made) Round present value factor calculations to decimal places 1.25124 and the final ruwers to decimal places 51971. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically Indented when amount is entered Do not indent manually) Debit Date Account Titles and Explanation Credit 6/1/20 12/1/20 12/31/20 6/1/21 10/1/21 To record interest expense and premium amortization 10/1/21 To record buyback of bonds) MacBook Air OOD DO DOO F4 FS FRA To record interest expense and premium amortization 10/1/21 To record buy back of bonds) 12/1/21 12/31/21 6/1/22 12/12 eTextbook and Media Ust of Accounts