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On January 2019 Shay Company $430,000 of 85 15-year bonds The bonds sell for 5417800 Skyears later on January 2035 Siwy retires these bonds by

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On January 2019 Shay Company $430,000 of 85 15-year bonds The bonds sell for 5417800 Skyears later on January 2035 Siwy retires these bonds by buying them on the open market for $450,425 Af Interest is accounted for and paid rough December 3 2024. the day before the purchaseThe sightine method is used to more any bondscount 1. What is the amount of the discount on the boods at issuance 2. How much amortion of the discount is recorded on the band for the period from January 2019 through December 2024 3. What the carrying book value of the bonds of the close of business on December 31, 20247 4. Prepare the journal entry to record the bond recement

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