On January 1, 2025, Monty Company purchased $490,000,10% bonds of Aguirre Co. for $453,933. The bonds were purchased to yield 12% interest. Interest is payable semiannually on July 1 and January 1 . The bonds mature on January 1, 2030. Monty Company uses the effective-interest method to amortize discount or premium. On January 1.2027. Monty Company sold the bonds for $455,456 after recelving interest to meet its liquidity needs. (a) Youe answer is correct. Prepare the journal entry to record the purchase of bonds on January 1 . Assume that the bonds are classified as available-for-sale. (List debit entry before credit entry. 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 O for the amounts.) Prepare the amortizationschedule for the bonds. (Round answers fo 0 decimal ploces, e 3.1,250 )