Need help with question b please. I need to do the amortization schedule and am having a hard time figuring out the interest expense and premium amortization.

Problem 14-2 (Part Level Submission) Pearl Co. ls building a new hockey arena at a cost of $2,420,000. It received a downpayment of $540,000 from local businesses to support the project, and now needs to borrow $1,880,000 to complete the project. It therefore decides to issue $1,880,000 of 11%, 10-year bonds. These bonds were issued on January 1, 2016, and pay interest annually on each January 1. The bonds yield 10%. v (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2016. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971. 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.) Date Account 11tles and Explanation Debit Credit Premium on Bonds Payable - 115518 Bonds Payable - 1330000 v (b) Prepare a bond amortization schedule up to and including January 1, 2020, using the eFfective interest method. (Round answers to 0 decimal places, e.g. 38,548.) Carrying Cash Interest Premium Amount of Date Paid Expense Amortization Bonds 1mm J l 5\" l A l A 1880000' mm l zoosol l l l l l l l weasel l l l l l l l oossool l l l l l l woo l zoosool l l l l l l