On January 1, 2020, Larkspur Company acquires $330,000 of Spiderman Products, Inc., 9% bonds at a price of $298,833. Interest is received on January 1 of each year, and the bonds mature on January 1, 2023. The investment will provide Larkspur Company a 13% yield. The bonds are classifed as held-to-maturity Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. (Round answers to decimal places, e.g. 2,500.) Schedule of Interest Revenue and Bond Discount Amortization Straight-line Method Bond Purchased to Yield Cash Received Interest Revenue Bond Discount Amortization Carrying Amount of Bonds Date 1/1/20 $ 1/1/21 1/1/22 1/1/23 Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the effective interest method. (Round answers to decimal places, e.g. 2,500.) Schedule of Interest Revenue and Bond Discount Amortization Effective-Interest Method Bond Purchased to Yield Cash Received Interest Revenue Bond Discount Amortization Carrying Amount of Bonds Date 1/1/20 $ 1/1/21 1/1/22 1/1/23 (c) Prepare the journal entry for the interest revenue and discount amortization under the straight-line method at December 31, 2021. (d) Prepare the journal entry for the interest revenue and discount amortization under the effective interest method at December 31, 2021. (Round answers to O decimal places, e.g. 2,500. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit (c) e Textbook and Media