How do you calculate the amount of premium or discount for E13.5 part A?

E13.4 (LO 1) Excel (Entries for Bond Transactions-Straight-Line) Celine Dion Company issued $600,000 of 10%,20-year bonds on January 1,2025 , at 102 . Interest is payable semiannually on July 1 and January 1. Dion Company uses the straight-line method of amortization for bond premium or discount. Instructions Prepare the journal entries to record the following. a. The issuance of the bonds. b. The payment of interest and the related amortization on July 1, 2025 . c. The accrual of interest and the related amortization on December 31,2025. E13.5 (LO 1) Excel (Entries for Bond Transactions-Effective-Interest) Assume the same information as in E13.4, except that Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705%. Instructions Prepare the journal entries to record the following. (Round to the nearest dollar.) a. The issuance of the bonds. b. The payment of interest and related amortization on July 1, 2025. c. The accrual of interest and the releted amortization on December 31,2025