On January 1, 2012, Morgan Company acquires $321,600 of Nicklaus, Inc., 8% bonds at a price of $298,023. The interest is payable each December 31, and the bonds mature December 31, 2014. The investment will provide Morgan Company a 11.00% yield. The bonds are classified as held-to-maturity. Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. (Round answers to 0 decimal places, e.g. 2,500.) Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the effective-interest method. Prepare the journal entry for the interest receipt of December 31, 2013, and the discount amortization under the straight-line method. Prepare the journal entry for the interest receipt of December 31, 2013, and the discount amortization under the effective-interest method. (Round answers to 0 decimal places, e.g. 2,500.)