Waterway Co.sells $365,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2024. The bonds yield 10%. On October 1, 2021, Waterway buys back $120,450 worth of bonds for $127,450 (includes accrued interest). Give entries through December 1, 2022. 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.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Interest Expense Premium Amortized Carrying Amount of Bonds Date 6/1/20 $ 0 $ 0 $ 0 $ 388592 12/1/20 21900 19430 2470 391062 6/1/21 21900 19554 2346 393408 12/1/21 21900 19671 2229 395637 6/1/22 21900 19782 2118 397755 12/1/22 21900 19888 2012 399767 6/1/23 21900 19989 1911 401678 12/1/23 21900 20084 1816 403494 6/1/24 21900 20175 1725 405219