On 1/1/10 a company issued 2,000,000 face value, 12% 10 year bonds at 2,245,783. This price resulted in an effective-interest rate of 10% on the bonds. The company uses the effective interest method to amortize bond premium or discount. The bonds pay interest annual january 1st. Prepare the Journal entry for the accrual of interest and amortization, an ammortization table through 12/31/12. The check figure is that the Interest Expense will equal 245,783