I need help with number 15. I have trouble understanding how to solve for premium and discount problems.

HIS . WITHIS : BONDS ISSUED AT PREMIUM Garrison Company issued $2 000 000 79% , 20 - year bonds on January 1 , 2017 at 105 . Interest is payable annually on January 1 Garrison uses straight - line amortization for bond premium II POINTS Instructions : Prepare the journal entries ( BELOW to record the following events . ( a ) The issuance of the bonds issuance price s unamortized premium ( b ) The accrual of inter interest and the premium amortization on Decem Jer 31 . 2017 ( 1 ) The payment of interest on January 1 2018 ( d ) The redemption of the bonds at maturity , assuming inte interest for the last interest per iod has been paid and recorded