E10-9 (Algo) Indicating the Effects of a Premium Bond Issue and Interest Payment on the Financial Statements [LO 10-3] Grocery Corporation received $330,360 for 11,00 percent bonds issued on January 1,2021, at a market interest rate of 8.00 percent. The bonds had a total face value of $275,000, stated that interest would be paid each December 31 , and stated that they mature in 10 years. Required: Prepare the following table for each account by indlcating (a) whether it is reported on the Balance Sheet (B/S) or Income Statement (V/S): (B) the dollar amount by which the account increases, decreases, or does not change when Grocery Corporation issues the bonds; and ( C ) the direction of change in the account [increase, decrease, or no change) when Grocery Corporation records the interest payment on December 31