Question 5 View Policies Current Attempt in Progress On January 1, 2020, Bridgeport Company sold 12% bonds having a maturity value of $400,000 for $430,326, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year Bridgeport Company allocates interest and unmortized discount or premium on the effective interest basis. Prepare the journal entry at the date of the bond sunce (Round answer to decimal places, 838,548, if no entry is required, select "No Entry for the account titles and enter for the amounts Credit account title ore automatically indented when amount is entered. Do not indent moliy Date Account Titles and Explanation Debit Credit January 1, 2020 Prepare a schedule of interest expense and bond amortization for 2020-2022. (Round answer to decimal places, s. 38,548.) Schedule of Interest Expense and Bond Premium Amortization Effective-Interest Method Interest Premium Expense Amortized Cash Paid Carrying Amount of Bonds Date 1/1/20 $ 12/31/20 12/31/21 12/31/22 e Textbook and Media List of Accounts