Wildhorse Electric sold $7,800,000,10%,10-year bonds on January 1,2022 . The bonds were dated January 1, 2022, and paid interest annually on danuary 1 . The bonds were sold at 98 Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) At December 31, 2022 \$15,600 of the Discount on Bonds Payable account has been amortised Show the batance sheet presentation of the long-term liability at December 31.2022. (Inter account nome only and do not provide descriptive information? On January 1, 2024, when the carrying value of the bonds was $7,675,200, the compary redeemed the bonds at 102 . Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)