Current Attempt in Progress On January 1, 2019, Culver and Lois Company purchased 12% bonds having a maturity value of $252,000 for $271,105.56. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2019, and mature on January 1, 2024, with interest receivable on December 31 of each year. Culver and Lois Company uses the effective interest method to allocate unamortized discount or premium. The bonds are classified as amortized cost investments. Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 52.75.) Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method Date Cash Received Interest Revenue Premium Amortized Carrying Amou 1/1/19 $ $ 12/31/19 $ 30240 $ $ | $ 12/31/20 30240 12/31/21 30240 12/31/22 30240 12/31/23 30240 Prepare the journal entry to record the interest received and the amortization for 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 2 decimal places, e.g. 52.75.) Date Account Titles and Explanation Debit Credit Dec. 31, 2019