Saberhagen Company sold $2,080,000, 5%, 10 year bonds on January 1,2017. The bonds were dated January 1, 2017, and pay interest annually on January 1. Saberhagen Company uses the straight-line method to amortize bond premium or discount

(a) Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds are sold at 104

(b) Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds are sold at 99.

Show balance sheet presentation for the bonds at December 31, 2017, for both the requirements in (a) and (b). (Enter account name only and do not provide descriptive information.)

*for this part there are two balance sheets to fill out, one for premium and one for the discount