Current Attempt in Progress On June 30, 2020, Wildhorse Company issued $3,790,000 face value of 13%, 20-year bonds at $4,075,120, a yield of 12%. Wildhorse uses the effective interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. (a) Your answer has been saved. See score details after the due date. Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. 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.) (1) The issuance of the bonds on June 30, 2020. (2) The payment of interest and the amortization of the premium on December 31, 20 (3) The payment of interest and the amortization of the premium on June 30, 2021. (4) The payment of interest and the amortization of the premium on December 31, 2021. lo. Date Account Titles and Explanation Debit Credit L) June 30, 2020 Cash 4075120 Bonds Payable 3790000 estion 9 of 12 ... / 17 Bonds Payable 3790000 Premium on Bonds Payable 285120 :) December 31, 2020 Interest Expense 244507 Premium on Bonds Payable 1843 Cash 246350 3) June 30, 2021 Interest Expense 244397 Premium on Bonds Payable 1953 Cash 246350 +) December 31, 2021 Interest Expense 244279 Premium on Bonds Payable 2071 Cash 246350 Attempts: 1 of 1 used (b) Show the proper balance sheet presentation for the liability for bonds payable on the December 31, 2021, balance sheet. (Round answers to 0 decimal places, e.g.38,548.) Wildhorse Company Balance Sheet $