On January 1, 2019 Shay Company issues $390.000 of 8% 20-year bonds. The bonds sell for $378,300 six years later on January 1, 2025 Shay retires these bonds by buying them on the open market for $407550 All interest is accounted for and paid through December 31, 2024, the day before the purchase. The straight line method is used to amortize any bond discount 1. What is the amount of the discount on the bonds at Issuance? 2 How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2019, through December 31 20242 3. What is the carrying (book) value of the bonds as of the close or business on December 31, 2024? 4. Prepare the journal entry to record the bond retirement Complete this question by entering your answers in the tabs below. Rea 1 and 2 Ree Reg4 1. What is the amount of the discount on the bonds at issuance? 2. How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2019, through December 31, 20247 1 2 Amount of descount Amortization of discount Reg3 > On January 1, 2019, Shay Company issues $390,000 of 8%, 20 year bonds. The bonds sell for $378 300 six years later on January 1 2025, Shay retires these bonds by buying them on the open market for $407550. All interest is accounted for and paid through December 31, 2024, the day before the purchase. The straight-line method is used to amortize any bond discount 1. What is the amount of the discount on the bonds at issuance? 2. How much amortization of the discount is recorded on the bonds for the entire period from January 1 2019, through December 31, 20242 3. What is the carrying (book) value of the bonds as of the close of business on December 31, 2024? 4. Prepare the journal entry to record the bond retirement Complete this question by entering your answers in the tabs below. Hegland Rog Reg What is the carrying (book) value of the bonds as of the dose of business on December 31, 20247 Honds Parva Remaining count Carrying Value 5 0