The following section is taken from Barton Corp.’s statement of financial position at December 31, 2013.
Non-current liabilities
Bonds payable, 7%, due January 1, 2018                         $1,600,000
Current liabilities
Interest payable                                                                       56,000
Bond interest is payable semiannually on January 1 and July 1. The bonds are callable on any interest date.

Instructions
(a) Journalize the payment of the bond interest on January 1, 2014.
(b) Assume that on January 1, 2014, after paying interest, Barton calls bonds having a face value of $600,000. The call price is 104. Record the redemption of the bonds.
(c) Prepare the entry to record the payment of interest on July 1, 2014, assuming no previous accrual of interest on the remaining bonds.