Several years ago, Brant, Incorporated, sold $1,020,000 in bonds to the public. Annual cash interest of 8 percent ($81,600) was to be paid on this debt. The bonds were issued at a discount to yield 10 percent. At the beginning of 2022, Zack Corporation (a wholly owned subsidiary of Brant) purchased $170,000 of these bonds on the open market for $191,000, a price based on an effective interest rate of 6 percent. The bond liability had a carrying amount on that date of $900,000. Assume Brant uses the equity method to account internally for its investment in Zack. Required: a. \& b. What consolidation entry would be required for these bonds on December 31, 2022 and December 31, 2024? 1. Prepare Consolidation Entry B to account for these bonds on December 31, 2022. 2.Prepare Consolidation Entry *B to account for these bonds on December 31, 2024