Several years ago, Brant, Incorporated, sold $850,000 in bonds to the public. Annual cash interest of 7 percent ($59,500) was to be paid on this debt. The bonds were issued as a discoum to yield 10 percent. As the beginning of 2022 . Zack Corporation fa wholly owned subsid ary of Brant) purchased $170,000 of these bonds on the open market for $191,000, a price based on an effective interest rase of 5 percent. The bond liabilfy had a carrying amount on that date of $710,000. Assume Brant uses the equity method to account internally for its investment in zack. Required: a. s b. What cohsolidstion entry would be required for these bonds on December 31, 2022 and December 31, 2024 ? Note: If no entry la requlred for a transactlon/event, select "No journal entry requlred" In the flrat eceount field. Round your Intermedlate colevilations and finol answers to nearest whole number. Consolidation Worksheet Entries Prepare Consolidation Entry B to account for these bonds on December 21 . 2022. Nate: Enter debits before credis. Consolidation Worksheet Entries Prepare Consolidation Entry *B to account for these bonds on December 31 . 2024. Nole: Enter debits tefore oredis