On January 1, 2017, Riverbed Company sold 12% bonds having a maturity value of $590,000 for $684,226, which provides the bondholders with a 8% yield. The bonds are dated January 1, 2017, and mature January 1, 2022, with interest payable December 31 of each year. Riverbed Company allocates interest and unamortized discount or premium on the effective-interest basis. (a) ZYour answer has been saved and sent for grading. See Gradebook for score details. Prepare the journal entry at the date of the bond issuance. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit January 1, 2017 Cash 684226 Bonds Payable 590000 Premium on Bonds Payable 94226 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 1 of 1 used (b) Prepare a schedule of interest expense and bond amortization for 2017-2019. (Round answer to 0 decimal places, e.g. 38,548.) Schedule of Interest Expense and Bond Premium Amortization Effective-Interest Method Cash Interest Premium Carrying Date Paid Expense Amortized Amount of Bonds 1/1/17 12/31/17 12/31/18 12/31/19 Click if you would like to Show Work for this question: Open Show Work