On January 1, 2020, Surreal Manufacturing issued 610 bonds, each with a face value of $1,000, a stated interest rate of 3.75 percent paid annually on December 31, and a maturity date of December 31, 2022. On the issue date, the market interest rate was 4.00 percent, so the total proceeds from the bond issue were $605,770. Surreal uses the effective-interest bond amortization method. Surreal Manufacturing records either a discount or premium in a separate account, rather than combining the discount or premium with the bond's face value in a single account. Required: 1. Prepare a bond amortization schedule. (Round your final answers to the nearest whole dollar.) Changes During the Period Ending Bond Liability Balances Period Ended Interest Expense Cash Paid Discount Amortized Bonds Payable Discount on Bonds Payable Carrying Value 01/01/20 12/31/20 12/31/21 12/31/22 2. Prepare the journal entry to record the bond issue. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet