On January 1, 2017, Sheridan Company purchased  9%bonds having a maturity value of $ 290,000, for $ 313,782.32. Thebonds provide the bondholders with a  7% yield. They aredated January 1, 2017, and mature January 1, 2022, with interestreceivable January 1 of each year. Sheridan Company uses theeffective-interest method to allocate unamortized discount orpremium. The bonds are classified in the held-to-maturitycategory.

a. Prepare the journal entry at the date of the bond purchase.(Enter answers to 2 decimal places, e.g.2,525.25. Credit account titles areautomatically indented when amount is entered. Do not indentmanually. If no entry is required, select "No Entry" for theaccount titles and enter 0 for the amounts.)

b. Prepare a bond amortization schedule. (Roundanswers to 2 decimal places, e.g. 2,525.25.)

c. Prepare the journal entry to record the interestrevenue and the amortization at December 31, 2017.(Round answers to 2 decimal places, e.g. 2,525.25.Credit account titles are automatically indented when amount isentered. Do not indent manually. If no entry is required, select"No Entry" for the account titles and enter 0 for theamounts.)

d. Prepare the journal entry to record the interest revenue andthe amortization at December 31, 2018. (Round answersto 2 decimal places, e.g. 2,525.25. Credit account titles areautomatically indented when amount is entered. Do not indentmanually. If no entry is required, select "No Entry" for theaccount titles and enter 0 for the amounts.)