On January 1, 2021, Sheffield Corp. issued its 10% bonds in the face amount of $8010000, which mature on January 1, 2031. The bonds were issued for $9084926 to yield 8%, resulting in bond premium of $1074926. Sheffield uses the effective interest method of amortizing bond premium. Interest is payable annually on December 31. At December 31, 2021, Sheffield's adjusted unamortized bond premium should be (Round intermediate calculations to o decimal places, e.g. 9,020,890.) $1074926. $1000720. $967433 $806320 The 8% bonds payable of Swifty Corporation had a net carrying amount of $2810000 on December 31, 2020. The bonds, which had a face value of $2960000, were issued at a discount to yield 10%. The amortization of the bond discount was recorded under the effective-interest method. Interest was paid on January 1 and July 1 of each year. On July 2, 2021, several years before their maturity, Swifty retired the bonds at 103. The interest payment on July 1, 2021 was made as scheduled. What is the loss that Swifty should record on the early retirement of the bonds on July 2, 2021? Ignore taxes. $216700 $88800 $195700 $237700 On October 1, 2020 Oriole Company issued 6%, 10 year bonds with a face value of $8030000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. Bond interest expense reported on the December 31, 2020 income statement of Oriole Company would be C $112420. . $224840 . $128480 $120450