Solve for part b please.

Problem 10-8A (Part Level Submission) rounder Corporation sold $3 490,000 796 5-year bonds on January 1 2017. The bonds were dated January 1 2017, and pay interest on January 1 Founder Corporation uses the straight-line method to amortize bond premium or discount (a) Your answer is correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds sold at 104. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit an. 1 Cash 3629600 Premium on Bonds Payable 139600 Bonds Payable 3490000 Dec. 31 Interest Expense 216380 Premium on Bonds Payable 27920 Interest Payable 244300 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER Prepare Do not indent manually.) entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds sold at 98. (Credit account titles are automatically indented when amount is entered. Date Account Titles and Explanation Debit Credit an. 1 Dec. 31 LINK TO TEXTLINK TO TEXT LINK TO TEXT Attempts: 0 of 2 used AVE FOR LATER SMIASWER the parts of this question must be completed order. This part vill be available when you complete the part above