Swoot, Inc issued serial bonds on January 1, 2020 that mature 5 years later on December 31, 2024. There are 2,500 bond issued with a face value per bond of $1,000. The stated rate is 8% and the market rate is 9%. In the box below, provide the journal entry for December 31, 2022 (round all numbers to the whole dollar using 5/4 rounding and no commas, enter debits as positive number and enter credits in brackets "O"). HTML Editor | B I J A AI = = = = = = = = 1 12pt Paragraph box More External Tools Interest Expense 216,248 Bonds Payable 500,000 Cash (700,000) Discount on Bonds Payable (16,248)