PART C PLEASE WITH WORK! THANK YOU!!!

Marigold Corp. sold $2,200,000, 6%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Marigold Corp. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 105. (a) Your Answer Correct Answer Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1, 2022 Cash 2310000 Premium on Bonds Payable 110000 Bonds Payable 2200000 Your answer is correct. Prepare a bond premium amortization schedule for the first four interest periods. Annual Interest Periods Interest Expense to Be Recorded Interest to Be Paid Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ 110000 $ 2310000 1 $ 132000 $ 121000 11000 99000 2299000 2 132000 121000 11000 88000 2288000 3 132000 121000 11000 77000 2277000 4 132000 121000 11000 66000 2266000 e Textbook and Media (c) Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023. (Credit account titles are automatically indented when 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 and Explanation Debit Credit Dec. 31, 2022