On January 1, 2025, Novak Corporation issued $1,700,000 face value, 6%,10-year bonds at $1,580.599, This price resulted in an effective-interest rate of 7% on the bonds. Novak uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. (a) Your answer is correct Prepare the journal entry to record the issuance of the bond 5 on January 1.2025. (List alf debit entries before credit entriec Credit account titles are automotically indented when amount is entered. Do not indent manualli . If no entry is required, select "No Entry" for the account tities and enter 0 for the omounts.) Prepare an amortization table through December 31,2027 (three interest periods), for this bond issue. (Round answers to 0 decimal places, eg. 125.)