Titania Co. sells $400,000 of 12% bonds on June 1, 2025. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2029. The bonds yield 10%. On October 1, 2026, Titania buys back $120,000 worth of bonds for $126,000 (includes accrued interest). Give entries through December 1, 2027. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to O decimal places, e.g. 38,548.) Cash Paid 0 24000 24000 24000 24000 24000 24000 24000 $ LA Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Interest Expense 0 21293 21157 21015 20866 20709 20545 20372 tA $ Premium Amortized 0 2707 2843 2985 3134 3291 3455 3628 Carrying Value of onds 425853 423145 420302.93 417318 414184 410893 410893 407438

12/1/26 (To record buy back of bonds) 12/31/26 12/31/26 6/1/27 Titania Co. sells $400,000 of 12% bonds on June 1, 2025. The bonds pay interest on December 1 and June 1 . The due date of the bonds is June 1, 2029. The bonds yield 10\%. On October 1, 2026, Titania buys back $120,000 worth of bonds for $126,000 (includes accrued interest). Give entries through December 1, 2027. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, e.g. 38,548. 12/31/25 Interest Expense Premium on Bonds Payable Cash 6/1/26 Bonds Payable Premium on Bonds Payable Gain on Redemption of Bonds Cash Interest Expense 10. Premium on Bonds Payable Cash (To record interest expense and premium amortization) 12/1/26 6/1/27 12/1/27 Interest Expense Premium on Bonds Payable Cash Prepare all of the relevant journal entries from the time of sale until December 31, 2027. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answers to 0 decimal places, eg. 58,971 . Record entries in the order displayed in the problem statement. If no entry is required, select "No Entry" for the account tities and enter 0 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.)