Teal Mountain Inc. issues $3.9 million, 5 -year, 12% bonds at 103 , with interest payable on January 1 . The straight-line method is use to amortize bond premium. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Prepare the journal entry to record interest expense and bond premium amortization on December 31,2025 , assuming no previous accrual of interest. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)