Prepare the journal entry to record the interest revenue

On January 1.2025, Blue Company purchased 8% bonds having a maturity value of $320,000 for $346,959,62. The bonds provide the bondholders with a 6% vield. They are dated January 1.2025, and mature January 1.2030 , with interest recelved on January 1 of each year, Blue Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. 8% Bonds Sold to Vield 6% \begin{tabular}{|c|c|c|c|c|c|c|} \hline \begin{tabular}{c} Cash \\ Received \end{tabular} & & \begin{tabular}{l} Interest \\ Revenue \end{tabular} & & \begin{tabular}{l} Premium \\ Amortized \end{tabular} & & \begin{tabular}{l} Carrying Amount \\ of Bonds \end{tabular} \\ \hline 0 & $ & 0 & $ & 0 & $ & 346959.62 \\ \hline 2560000 & & 20817.58 & & 4782.42 & & 342177.20 \\ \hline 2560000 & & 20530.63 & & 5069.37 & & 337107.83 \\ \hline 25600.00 & & 2022647 & & 5373.53 & & 331734.30 \\ \hline 25600.00 & & 1990406 & & 5695.94 & & 326038.36 \\ \hline 25600.00 & & 19562.30 & & 6037.70 & & 320000.00 \\ \hline \end{tabular} Prepare the journal entry to record the interest revenue and the amortization at December 31, 2025. (List all debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Round answers to 2 decimal ploces, eg. 1,225.25.)