Vaughn Co. sells

$409,000

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 , Vaughn buys back

$126,790

worth of bonds for

$131,790

(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.)

Vaughn Co. sells $409,000 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 , Vaughn buys back $126,790 worth of bonds for $131,790 (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 .)