On April 30, 2020, WSP Corporation issues $1,060,000 of five-year, 5 percent bonds that pay interest semi-annually. The bonds are issued when the market interest rate is 4 percent. Use the data in the amortization table to accrue interest and amortize the bond premium at the end of the second year, December 31, 2021 (line 4). Then record the April 30, 2022, payment of interest. (Click the icon to view the amortization table.) Journalize the interest and amortization of the bond premium on December 31, 2021 (line 4). (Record debits first, then credits. Exclude explanations from journal entries. Round your answers to the nearest dollar.) Journal Entry Date - X Accounts Debit Credit Amortization Table 2021 Dec. 31 Amortization Table A B D E Unamortized Premium Account Journalize the April 30, 2022 payment of interest. (Record debits first, then credits. Exclude explanations from journal entries. Round your answers to the nearest dollar.) Interest Expense (2% of Interest Payment Preceding Bond (2.5% of Carrying Maturity Value) Amount) Premium Journal Entry Semi-annual Interest Period Amortization (A-B) Balance (Preceding D- Current C) Bond Carrying Amount (1,060,000 + D) Date Accounts Debit Credit 2022 Issue Date $ 47,608 $ 1,107,608 Apr. 30 1 $ 26.500 $ 22.152 $ 4,348 43,260 1,103,260 1,098,825 2 26,500 22,065 4,435 3 26,500 21,977 4.523 38,825 34,302 29,688 1,094,302 4 26,500 21,886 4,614 1,089,688 5 26.500 4,706 1,084,982 6 26,500 4.800 24,982 20,182 15,286 10,292 7 4,896 21,794 21,700 21,604 21,506 21,406 21,302 26,500 26,500 26,500 1,080,182 1,075,286 1,070,292 8 4,994 9 5,094 5.198 1,065,198 1,060,000 10 26,500 5,198 0 Print Done Choose from any list or enter any number in the input fields and then continue to the next