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Ivanhoe Electric sold $3,350,000,12%,10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Ivanhoe Electric uses

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Ivanhoe Electric sold $3,350,000,12%,10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Ivanhoe Electric uses the straight-line method to amortize bond premlum or discount. The bonds were sold at 103 . (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered, Do not indent manually.) Prepare a bond premium amortization schedule for the first 4 interest periods: Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023, (Credit occount titles are automaticolly indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Ivanhoe Electric Balance Sheet (Partial) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Sutrnit Antwer

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