Marigold Co. sells $397,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2024. The bonds yield 8%. On October 1, 2021, Marigold buys back $127,040 worth of bonds for $132,040 (includes accrued interest). Give entries through December 1, 2022. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, e.g. 38,548.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Interest Expense Premium Amortized Carrying Amount of Bonds Date 6/1/20 $ $ $ $ 12/1/20 23820 12233 6/1/21 23820 12697 12/1/21 23820 13142 6/1/22 23820 13569 12/1/22 23820 13979 Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Interest Expense Premium Amortized Carrying Amount of Bonds Date 6/1/20 $ $ TA $ 12/1/20 23820 12233 6/1/21 23820 12697 12/1/21 23820 13142 6/1/22 23820 13569 12/1/22 23820 13979 6/1/23 23820 14372 12/1/23 23820 14 6/1/24 23820 Difference due to rounding Prepare all of the relevant journal entries from the time of sale until December 31, 2022. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to O decimal places eg. 58,971. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 6/1/20 12/1/20 12/31/20 12/1/20 12/31/20 6/1/21 10/1/21 (To record interest expense and premium amortization) (To record interest expense and premium amortization) 10/1/21 (To record buy back of bonds) 12/1/21 12/31/21 6/1/22 6/1/22 12/1/22