Problem 15-OSA a-d Blossom Electric sold $3,000,000, 8%, 10-year bonds on January 1, 2020. The bonds were dated January 1 and pay interest annually on January 1, Blossom Electric uses the straight-line method to amortize bond premium or discount. The bonds were sold at 101 Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account eties are automatically indented when amount is entered. Do not indent manually.) Date Account Thies and Explanation Debit Credit Jan 1, 2020 Prepare a bond premium amortization schedule for the first 4 interest periods. Annual Interest Periods Interest to Be Pald Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ 1 2. 4 SHOW LIST OF ACCOUNTS LINK TO TEXT LITTER Prepare the journal entries for interest and the amortization of the premium in 2020 and 2021. (Credit account tities are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem.) Account Tities and Explanation Debt Credit Show the balance sheet presentation of the bond liability at December 31, 2021. (Enter account name only and do not provide descriptive information) Blossom Electric Balance Sheet (Partia) Click if you would like to show Work for this question on Show Work