I need help, do not want the answer just stuck on how to solve this one.

Question

Here is the problem
Elkins Company sold $2,500,000, 8%, 10-year bonds on July 1, 2011. The bonds were dated July 1, 2011, and pay interest July 1 and January 1. Elkins Company uses the straight-line method to amortize bond premium or discount. Assume no interest is accrued on June 30.

Show balance sheet presentation for each bond issue at December 31, 2011

I have completed parts a and b I just got that part wrong.

Answer 1

I for got to add I need to come up with

Premium
Long-term Liabilities

and

Discount
Long-term Liabilities