On January 1, 2020, Riverbed Company sold 12% bonds having a maturity value of $970,000 for $1,124,917.15, which provides the bondholders with a 8% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year. Riverbed Company allocates interest and unamortized discount or premium on the effective interest basis. Prepare the journal entry to record the interest payment and the amortization for 2020. (Round answer to 2 decimal places, e.g. 38,548.25. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) ite Account Titles and Explanation Debit Credit r 31, 2020 1 Prepare the journal entry to record the interest payment and the amortization for 2022. (Round answer to 2 decimal places, e.g. 38,548.25. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) ite Account Titles and Explanation Debit Credit r 31, 2022 | 116400