Dn January $1,2025,$ Sheffield Company sold $12\backslash \%$ bonds having a maturity value of $\backslash$$$400,000\mathrm{.}00$ for $\backslash$$$430,325\mathrm{.}92,$ which provides the ondholders with a $10\backslash \%$ yield. The bonds are dated January $1,2025,$ and mature January $1,2030,$ with interest payable December $31$ f each year. Sheffield Company allocates interest and unamortized discount or premium on the effective$-$interest basis.

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Prepare the journal entry at the date of the bond issuance. $($Round answer to $2$ decimal places, e$.$g$.38,548\mathrm{.}25.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No entry" for the account titles and enter $0$ in the respective debit and credit fields.$)$ Prepare a schedule of interest expense and bond amortization for $2025-2027.($Round answer to $2$ decimal places, e$.$g$.38,548\mathrm{.}25.)$ Prepare the journal entry to record the interest payment and the amortization for $20\mathrm{.}25$ und answer to $0$ decimal places, e$.$g$.38,548.$ If no entry is required, select $"$No Entry" forthe account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Prepare the journal entry to record the interest paymentexpd the amortization for $2019.($Round answer to $0$ decimal places, e$.$g$.38,548.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$