Exercise 10-28 Ivanhoe Company issued $304,000,7%, 10-year bonds on January 1, 2022, for $326,374. This price resulted in an effective-interest rate of 6% on the bonds. Interest is payable annually on January 1. Ivanhoe uses the effective-interest method to amortize bond premium or discount. Prepare the schedule using effective-Interest method to amortize bond premium or discount of Ivanhoe. (Round answers to o decimal places, e.g. 5,275.) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date 2 SHOW LIST OF ACCOUNTS Prepare the joumal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Jan 1, 2022 SHOW LIST OF ACCOUNTS Prepare the journal entry to record the accrual of interest and the premium amortization on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2022 SHOW LIST OF ACCOUNTS Prepare the journal entry to record the payment of interest on January 1, 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1, 2023 SHOW LIST OF ACCOUNTS