Sweetwater Company sells $100,000 of 10%, 15-year bonds for 97 on April 1, 2020. The market rate of interest on that day is 10.2%. Interest is paid each year on April 1. Sweetwater Company uses the straight-line amortization method. Write the adjusting entry required at December 31, 2020. (Record debits first, then credits. Explanations are not required. Hold all decimals for interim calculations. Round your final answers to the nearest whole dollar.) Journal Entry 2020 Accounts Debit Credit Dec. 31