Question No. 2 (Points 13) Shannon Company issued $1,000,000 896 10-year bonds on December 31, 2016, for $960,000 Interest s payable annually on December 31. Shannon uses the straight-line method to amortize bond pre mium Instructions Prepare the journal entries to record the following events. (a) The issuance of the bonds. (b) The (c) The payment of interest and the discount amortization on December 31, 2017. redemption of the bonds at maturity, assuming interest for the last interest period has been paid Credit Debit 60,000 Date Description Cash notes poa2 G0,00