Wempe co. sold $3,493,000, 8%, 10-year bonds on january 1, 2014. the bonds were dated january 1, 2014, and pay interest on january 1the company uses straight-line amortization on bond premiums and discounts. financial statements are prepared annually prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 104 and (2) 97. 1. 1/1/14 2. 1/1/14 prepare amortization tables for issuance of the bonds sold at 104 for the first three interest payments. prepare amortization tables for issuance of the bonds sold at 97 for the first three interest payments.