On January 1, 2013, when the market interest rate was 9 percent, Seton Corporation completed a $180,000, 8 percent bond issue for $168,447. The bonds were dated January 1, 2013, pay interest each December 31, and mature in 10 years on December 31, 2022. Assume Seton Corporation uses the effective-interest method to amortize the bond discount.

Required:

1&2.	Complete the required journal entries to record the bond issuance and the interest payment on December 31, 2013. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.)

3.	Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)