Kingbird, Inc. sold $3,900,000,5%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Kingbird, Inc. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 102 Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023. (Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 1:31, 2022 Cash Bonds Payable Premium on Bonds Payable 1.2023 Cash Bonds Payable ..31, 2023