On January 1, 2020, Blossom Company issued $3,180,000 face value, 9%, 10-year bonds at $2,984,603. This price resulted in an effective interest rate of 10% on the bonds. Blossom uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on January 1. Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2020 Prepare an amortization table through December 31, 2022 (three interest periods) for this bond issue. (Round answers to 0 decimal places, e.g. 15,250.) Blossom Company Bond Discount Amortization Effective-Interest Method-Annual Interest Payments Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortizec Issue date $ 1 $ $ $ 2 3 Prepare an amortization table through December 31, 2022 (three interest periods) for this bond issue. (Round answers to 0 decimal places, e.g. 15,250.) Blossom Company Bond Discount Amortization Effective-Interest Method - Annual Interest Payments Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value $ $ $ $ Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2020. (Round answers to O decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31, 2020 Prepare the journal entry to record the payment of interest on January 1, 2021. (Round answers to O decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2021 Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2021. (Round answers to O decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31, 2021