Please explain journal entries

Crane Company sold $3,220,000, 10%, 10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually. Prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 101 and (2) 96. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. 1/1/22 Bonds Payable 2. 1/1/22 Prepare amortization table for issuance of the bonds sold at 101 for the first three interest payments. Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ Prepare amortization table for issuance of the bonds sold at 96 for the first three interest payments. Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value Issue date $ Prepare the journal entries to record interest expense for 2022 under both of the bond issuances assuming they sold at: (1) 101 and (2) 96. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. 12/31/22 2. 12/31/22 Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 101 at December 31, 2022. CRANE COMPANY Balance Sheet (Partial) Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 96 at December 31, 2022. CRANE COMPANY Balance Sheet (Partial)