Exeraise 17-3 on January 1, 2017, Sheridan Company purchased g% bonds having a matunty value of S210,000, for $227 221.68. The bonds provide the bondholders with a 7% yield. They are dated January 1 2017, and mature January 1 2 122 year. Sherican Company uses the effective-interest method to allacate unamortized discount ar premium. The bands are classfied in the held-to-maturity category. with interest receivable January 1 of each Prepare the oumal entry at th date the bond purchasa the account tities and onter 0 for the anmounts-) mount is No Entry" for Enter answers to 2 decimal places, e.g. 2 525.25. Credit account tites are automatically indented when a entered. Do not indent manually If no entry is required, select Date Account Tites and Explanation an. 1, 2017 Debit Prepare a bond amortization schedule, (Round answers to 2 decimal places, e.g- 2,525.25.) Schedule of Interest Revenue and Bond Premium Amortlzation Premium Carrying Amount