On January 1,20e0, Delaney Corporation issued Sve-year, 12% bonds poyable with a tace value of $2,300,000. The bonds were issued at B8 and pay interest on Jarnuary t and Juy 1 , Dotaney amorizes bond discounts using the straigh-line method. On December 31,2022 , Delaney retred the bonds early by purchasing them at a market price of 94 , The companys fivcal year ends on December 31 . Read the rearitements. Roquirement 1. Journalice the issuance of the bonds on January 1, 2020. (Record dobts fint, then credits. Exclude axplanafions from any joumal entries) Requirements 1. Journalize the issuance of the bonds on January 1,2020 2. Record the semiannual interest payment and amortization of bond dicount on July 1,2020. 2. Record the interest accrual and discount amortuation on December 31, 2020. 4. Calculate the carryeng value of the bonds payablo on December 31, 2022. price to their retirement. 5. Calculate the gain ot loss on the retirement of the bonds poyabie on Docenber 31,2022. Indicale where tris gan a loss will appeur in the francial stabements