It says the cash and Bond Discount is incorrect. Can someone please help! Thank you !

On January 1, Year 1, the Diamond Association issued bonds with a face value of $220,000, a stated rate of interest of 10 percent, and 10-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 12 percent at the ime the bonds were issued. The bonds sold for $195,139. Diamond used the effective interest rate method to amortize the bond discount. Required Determine the amount of the discount on the day of issue. . Determine the amount of interest expense recognized on December 31, Year 1. (Round your answer to the nearest dollar amount.) Determine the carrying value of the bond liability on December 31, Year 1. (Round your answer to the nearest dollar amount.) 1. Provide the general journal entry necessary to record the December 31, Year 1, interest expense. (If no entry is required for a ransaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.) d. Provide the general journal entry necessary to record the December 31, Year 1, interest expense. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the interest expense. Note: Enter debits before credits