On January 1, 2017, Aumont Company sold 12% bonds having a maturity value of $500,000 for $537,907 37, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2017, and mature January 1, 2022, with interest payable December 31 of each year. Aumont Company allocates interest and unamortized discount or premium on the effective-interest basis. Instructions (Round answers to the nearest cent.) (a) Prepare the journal entry at the date of the bond issuance. (3PTS) (b) Prepare a schedule of interest expense and bond amortization for 2017-2019. (You can upload or create Table in Moodle) (5PTS) (c) Prepare the journal entry to record the interest payment and the amortization for 2017. (3PTS) (d) Prepare the journal entry to record the interest payment and the amortization for 2019. (3PTS) Time lei an Magic Marker issued $600,000 of 10%, 20 year bonds on January 1, 2017, at 102. Interest is payable semiannually on July 1 and January 1. Magic Marker uses the effective interest method of amortization for bond premium or discount Assume an effective yield of 9.7705%. Instructions Prepare the journal entries to record the following. (a) The issuance of the bonds. (b) The payment of interest and the related amortization on July 1, 2017 (c) The accrual of interest and the related amortization on December 31, 2017