On January $1,2027,$ Sunrise Corporation issued $$4,000,000,8\%,5-$year bonds dated January $1,2027,$ at $95.$ The bonds pay annual interest on January $1.$ The company uses the straight$-$line method of amortization and has a calendar year$-$end.

Prepare all the journal entries that Sunrise Corporation would make related to this bond issue through January $1,2028.($Credit account titles are automatically indented when the amount is entered. Do not indert manualy if no entry is required, select $"$No Entry" for the account titles and enter O for the anounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit