Please solve the 2 incorrect (red boxes) in the last section of this question.

On January 1,2024 , Sheridan Ltd. issued bonds with a maturity value of $8.20 million when the market rate of interest was 4%. The bonds have a coupon (contractual) interest rate of 5% and mature on January 1,2034 . Interest on the bonds is payable semi-annually on July 1 and January 1 of each year. The company's year end is December 31. (a) Your answer is correct. Calculate the issue price of the bonds. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 0 decimal places, e.g. 5,275.) Issue price $ (b) Your answer is correct. Prepare a bond amortization schedule from the date of issue up to and including January 1, 2027. (Round answers to 0 decimal places, e.g. 5,275.) The bonds were redeemed on January 1, 2026 (after the interest had been paid and recorded) at 102. Prepare the journal entry for the redemption of the bonds. (List all debit entries before credit entries. Round answers to 0 decimal places, e.g. 5,275. 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.)