Exercise 14-11 On January 1, 2017, Larkspur Inc. sold 14% bonds having a maturity value of $830,000 for $922,027, which provides the bondholders with a 11% yield. The bonds are dated January 1, 2017 and mature on January 1, 2022, with interest payable on January 1 of each year. The company follows IFRS and uses the effective interest method. Prepare the journal entry at the date of issue. (Round answers to 0 decimal places, e-9s,255, Credit account tities are automatically indented when the amount is entered. Do not indent manually, Ir no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Prepare a schedule of interest expense and bond amortization for 2017 through 2020. (Round answers to decimal places, e.g.5,275.) Schedule of Interest Expense and Bond Premium Amortization Effective Interest Method Prepare the journal entries to record the interest payment and the amortization for 2017. (Round answers to 0 decimal places, e.g. S,275. Credit account tities are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Prepare the journal entries to record the interest payment and the amortization for 2019. (Round answers to 0 decimal places, e.g. 5,275, Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.)