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only need help on the one i did wrong. (b) it's not 12592

On January 1,2025 , Sheridan Corporation issued $2,219,000 face value, 7%,10 year bonds for proceeds of $2,561,691. This price resulted in an effective-interest rate of 5% on the bonds. The bonds pay annual interest, each January 1 and Sheridan has a calendir yearend. (a) Prepare the journal entry to record the issue of the bonds on January 1,2025. (Credit occount tities are cutomatically indented when the amount is entered, Do bot indent manualiy. If no entry is required, select "No Entry" for the account tidies and enter O for the amounts List debit entry before credit entry Prepare an amortization tabile through December 31,2028 (three interest periods) for this bond issue. Your answer is partially correct. Prepare an amortization table through December 31,2028 (three interest periods) for this bond issue. SHERIDAN CORPORATION Bond Premium Amortization Effective-Interest Method - Annual Interest Payments 7% Bonds Issued at 5% \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline & \begin{tabular}{l} SHERID \\ Bond Pre \\ the-Interest Met \\ 7% Bor \end{tabular} & , & \begin{tabular}{l} RAnIoN \\ ortization \\ tal Interest Payme \\ at 5% \end{tabular} & & & & \\ \hline & \begin{tabular}{l} Interest \\ Expense \end{tabular} & & \begin{tabular}{l} Premium \\ Amortization \end{tabular} & & \begin{tabular}{l} Unamortized \\ Premium \end{tabular} & & \begin{tabular}{l} Bond \\ Carrying Amount \end{tabular} \\ \hline & & & & $ & 342691 & 5 & 25616 \\ \hline 5 & 126065 & $ & 27245 & & 315446 & & 25344 \\ \hline & 126722 & & 28606 & & 285838 & & 25058 \\ \hline & 12592 & & 30038 & & 256800 & & 24758 \\ \hline \end{tabular} eTextbook and Media Assistance Used

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