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Please show work On June 30, 2022, Oregon Company issued $4,000,000 bonds, 13%, 20 year bonds at $4,300,920, a yield of 11.75%. Oregon uses the

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On June 30, 2022, Oregon Company issued $4,000,000 bonds, 13%, 20 year bonds at $4,300,920, a yield of 11.75%. Oregon uses the effective interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. Prepare the entries to issue the bonds, pay interest on December 31, 2022, pay interest on June 30, 2023, and pay interest on December 31, 2023. 6/30/22 12/31/22 6/30/23 12/31/23

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