On January 1,2025, Swifty Company sold 12% bonds having a maturity value of $550,000,00 for $591,698.14, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2025, and mature January 1,2030 , with interest payable December 31 of each year. Swifty Company allocates interest and unamortized discount or premium on the effective-interest basis. Click here to view factor tables. (a) Prepare the journal entry at the date of the bond issuance. (Round answer to 2 decimal ploces, es. 38.548 .25 . If no entry is required. select "No Entry" for the occount titler and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Prepare a schedule of interest expense and bond amortization for 2025-2027. (Round onswer to 2 decimal places, eg. 38,548.25.) Prepare the journai entry to record the interest payment and the amortization for 2025. (Round answer to 2 decimal ploces, eg. 39,548.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounte. Credit account titles are: automotically indented when the amount is entered. Do not indent manually. (ist all debit entries before credit entries)