Question 10 --/1 View Policies Current Attempt in Progress Presented below is the partial bond discount amortization schedule for Carla Vista Corp. Carla Vista uses the effective-interest method of amortization. Interest Expense to Be Recorded Discount Amortization Interest to Be Paid Bond Carrying Value Interest Periods Issue date Unamortized Discount $69,496 63,971 58,170 $81,000 81,000 $86,525 86,801 $5,525 5,801 $1,730,504 1,736,029 1,741,830 (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 Debit Credit