On January 1, 2021. Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percent paid annually on December 31, and a maturity date of December 31, 2023. On the issue date, the market interest rate was 4 percent, so the total proceeds from the bond issue were $583,352. Surreal uses the effective-interest bond amortization method and adjusts for any rounding errors when recording interest in the final year. Required: 1. Prepare a bond amortization schedule, 2-5. Prepare the journal entries to record the bond issue, the interest payments on December 31, 2021 and 2022, the interest and face value payment on December 31, 2023 and the bond retirement. Assume the bonds are retired on January 1, 2023, at a price of 101 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 5 Prepare a bond amortization schedule. (Round your answers to the nearest whole dollar. Make sure that the Carrying value equals face value of the bond in the last period. Interest expense in the last period will result in the amount in Discount Amortized equaling Discount on Bonds Payable.) Changes During the Period Ending Bond Liability Balances Period Interest Discount Cash Paid Bonds Discounts on Ended Carriying Expense Amortized Payable Bonds Payable Value 01/01/21 $ 0 12/31/21 S 0 0 12/31/22 0 0 12/31/23 0 0 Reg Reg 2 to 5 > Prepare the journal entries to record the bond issue, the interest payments on December 31, 2021 and 2022, the interest and face value payment on December 31, 2023 and the bond retirement. Assume the bonds are retired on January 1, 2023, at a price of 101. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar amount.) Show less View transaction list Journal entry worksheet 1 3 2 4 5 Record the issuance of 600 bonds at face value of $1,000 each for $583,352. Note: Enter debits before credits Date General Journal Debit Credit January 01, 2021 Record entry Clear entry View general Journal Journal entry worksheet Record the interest payment on December 31, 2021. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2021 Record entry Clear entry View general Journal Journal entry worksheet Record the retirement of the bonds at a quoted price of 101, assuming the bonds are retired on January 1, 2023. Note: Enter debits before credits. General Journal Date January 01, 2023 Debit Credit Record entry Clear entry View general Journal