Nildhorse Electric sold $7,800,000,10%,10-year bonds on January 1,2022. The bonds were dated January 1,2022, and paid interes annually on January 1. The bonds were sold at 98. (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.) On January 1,2024 , when the carrying value of the bonds was $7,675,200, the company redeemed the bonds at 102 . Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the redemption of the bonds before maturity at 95. Assume the balance in Premium on Bonds Payable is $9,500. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) At December 31,2022,$15,600 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2022. (Enter account name only and do not provide descriptive information.) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100 . (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Cullumber Company issued $1,670,000 of bonds on January 1, 2022. (a) Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 95, and (3) 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)