Interest Cash Date 8%) 01/01/17 12/31/17 26400 33639 12/31/18 26400 34435 12/31/19 26400 35319 Income (Last yr Bond Discount Carrying Amount of Received(=330000* Carrying Value*11%) Amortization(Int Income- Bonds(Prev Value- Cash Received) Amortized) 305807 7239 313046 8035 321081 8919 330000 Prepare the journal entry to record interest received and interest income on December 31, 2018. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Dec 31, 2018 Account Titles and Explanation Debit Credit