The following amortization and interest schedule reflects the issuance of 10-year bonds by Sandhill Corporation on January 1, 2019. and the subsequent interest payments and charges. The company's year-end is December 31, and financial statements are prepared once yearly. Amortization Schedule Year Cash Interest Amount Carrying Unamortized Value 1/1/2019 $24,090 $95,910 2019 $13,200 $14,387 22,903 97,097 2020 13,200 14,565 21,538 98,462 2021 13,200 14,769 19,969 100,031 2022 13.200 15,005 18.164 101,836 2023 13,200 15,275 16,089 103,911 2024 13,200 15,587 13,702 106,298 2025 13,200 15,945 10,957 109,043 2026 13,200 16,356 7,801 112,199 2027 13,200 16,830 4,171 115,829 2027 13,200 16,830 4,171 115.829 2028 13,200 17,371 120,000 Click here to view factor tables. a. Indicate whether the bonds were issued at a premium or a discount. Discount b. Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method. Effective-interest method c. Determine the stated interest rate and the effective-interest rate. The stated rate 11 The effective rate 12 d. On the basis of the schedule above, prepare the journal entry to record the issuance of the bonds on January 1, 2019. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation January 1, 2019 Debit Credit e. On the basis of the schedule above, prepare the journal entry or entries to record the bond transactions and accruals for 2019. (Interest is paid January 1.) (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date December 31, 2019 Account Titles and Explanation Debit Credit f. On the basis of the schedule above, prepare the journal entry or entries to record the bond transactions and accruals for 2026. Sandhill Corporation does not use reversing entries. (Record entries in the order displayed in the problem statement. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit