Grouper Corp, issued $380,000, 8%, 25-year bonds on January 1, 2017 for $311.015. This price resulted in an effective-interest rate of 10% on the bonds, Interest is payable annually on January 1. Grouper uses the effective-interest method to amortize bond premium or discount Prepare the journal entry to record the accrual of interest and the discount amortization on December 31, 2017. (Round answers to O decimal places, e3.5.275. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec 31 Debit Credit 2017