please answer part b

Crane Electric sold $6,240,000,10%,10-year bonds on January 1, 2022, The bonds were dated January 1,2022 , and paid interest annually on January 1 . The bonds were sold at 98 . (a) 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.) At December 31, 2022, $12,480 of the Discount on Bonds Payable account has been amortized, Show the balance sheet presentation of the long-term liability at December 31, 2022. (Enter account name only and do not provide descriptive information.) (c)