please explain calculations

Sunland Corporation issued $560,000,10%,20-year bonds on January 1, 2022, for $515,405. This price resulted in an effectiveinterest rate of 11% on the bonds. Interest is payable annually on January 1 . Sunland uses the effective-interest method to amortize bond premium or discount. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account tities are automatically indented when amount is entered. Do not indent manually.)