Hello, please help me to solve this question.

Sunland Company issued $470,000, 15-year, 8% bonds at 96. (a) Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 Cash 451200 Discount on Bonds Payable 18800 Bonds Payable 470000 Attempts: 1 of 2 used (b) Your answer is partially correct. Suppose the remaining Discount on Bonds Payable was $11,280 on December 31, 2027. Show the balance sheet presentation on this date. SUNLAND COMPANY Balance Sheet (Partial) December 31, 2027 Long-term Liabilities Bonds Payable 470000 Less V: Premium on Bonds Payable 11280 $