On January 1, 2025, Vaughn Corporation issued $1,894,000 face value, 5%,10-year bonds for proceeds of $2,047,620. This price resulted in an effective-interest rate of 4% on the bonds. The bonds pay annual interest, each January 1 and Vaughn has a calenda year end. (a) Your answer is correct. Prepare the journal entry to record the issue of the bonds on January 1, 2025. (Credit account titles are automatically indented wh the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amount List debit entry before credit entry.) eTextbook and Media List of Accounts Attempts: unlimi (b) Prepare an amortization table through December 31, 2028 (three interest periods) for this bond issue. Prepare an amortization table through December 31, 2028 (three interest periods) for this bond issue