Help fix red blocks.

Paris Electric sold $4,400,000, 6%, 10-year bonds on January 1, 2017, The bonds were dated January 1 and pay interest annually on January 1. Paris Electric uses the straight-line method to amortize bond premium or discount. The bonds were sold at 101. [y] Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 201 44400 onds Payabl 400 Your answer is partially correct. Try again. Prepare a bond premium amortization schedule for the first 4 interest periods Unamortized Bond Carrying Annual Interest Periods Interest Expense to Be Recorded Premium Amortization Interest to Be Paid Premium Value Issue date 596 6400 54 52 43520 64 596 43080 Your answer is partially correct. Try again. Prepare the journal entries for interest and the amortization of the premium in 2017 and 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Dec. 31, 201/interest Expen Interest Payabl Dec. 31, 2018 interest Ex pense 596 emium on Bonds Payable nterest Payabl