Part B please

On January 1, 2027, Sunland Corporation issued $3,520,000 face value, 10%, 10-year bonds at $3,312,699. This price resulted in an effective-interest rate of 11% on the bonds. Sunland uses the effective-interest method to amortize bond premium or discount. The bonds pay interest each January 1. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2027.

On January 1,2027 , Sunland Corporation issued $3,520,000 face value, 10%,10-year bonds at $3,312,699. This price resulted in an effective-interest rate of 11% on the bonds. Sunland uses the effective-interest method to amortize bond premium or discount. The bonds pay interest each January 1. (a) Youranswer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2027. (Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Prepare an amortization table through December 31,2029 (three interest periods) for this bond issue. (Round answers to 0 decimal places, es. 15.250 Prepare an amortization table through December 31,2029 (three interest periods) for this bond issue. (Round answers to 0 decimal places, eg, 15,250)