On July 1, 2024, Sunland Corp. issued $3.94 million of 10-year, 5% bonds at $4,262,123. This price resulted in a 4% market interest rate on the bonds. The bonds pay semi-annual interest on July 1 and January 1, and Sunland has a December 31 year end. (a) Your answer is correct. Record the issue of the bonds on July 1, 2024. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles July 1, 2024 Cash Bonds Payable Debit 4262123 Credit 4262123 Prepare an effective-interest amortization table for the first eight interest payments for these bonds. (Round answers to O decimal places, e.g. 5,275.) SUNLAND CORP. Bond Premium Amortization Table Effective Interest Method-Semi-Annual Interest Payments 5% Bonds Issued at market rate of 4% Date Interest Payment July 1, 2024 Jan. 1, 2025 July 1, 2025 Jan. 1, 2026 July 1, 2026 Jan. 1, 2027 July 1, 2027 Jan. 1, 2028 July 1, 2028 Interest Expense Premium Amortization Bond Carrying Am