please complete part b

On January 1, 2022, Bridgeport Corporation issued $1,630,000 face value, 6%, 10-year bonds at $1.515,515. This price resulted in an effective interest rate of 7% on the bonds. Bridgeport uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. QU ACE (a) Qu Acco Your answer is correct Que Acco Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Round answers to 0 decimal places, eg. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) View Ques Accou Date Account Titles and Explanation Debit Credit Jan 1 Cash Quest Account 114485 Discount on Bonds Payable Questi Account 16310000 Bonds Pavable Questi A Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to 0 decimal places, e.g. 125.) BRIDGEPORT CORP Bond Discount Amortization Effective-Interest Method --Annual Interest Payments Q AC Annual Interest Periods Qu Aca Interest Expense to Be Recorded Interest to Be Paid Un Discount Amortization Vie Issue date $ $ $ Qu Acco 1 Que . 2 Que Accou 3 Unamortized Discount Bond Carrying Value ta