Current Attempt in Progress Presented below is the partial bond discount amortization schedule for Sandhill Corp. Sandhill uses the effective-interest method of amortization. (a) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value Issue date: $115,827 $2,884,173 1 $135,000 $144,209 $9,209 106,618- 2,893,382 2 135,000 144,669 9,669 96,949 2,903,051 Prepare the journal entry to record the payment of interest and the discount amortization at the end of period 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Prepare the journal entry to record the payment of interest and the discount amortization at the end of period 1. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Account Titles and Explanation eTextbook and Media Save for Later Debit Credit Attempts: 0 of 3 used. Submit