(10 Marks) On Dec. 11. 2018 Manama to callable bond that have a $350.000 par va mare yours and pay teret my news called on the bonds and paid $266000 to outstanding bondhote Required Prepare journal entries to red 1. The bond iance on Dec 31 2019 2. The semi annual interest payment 3. The bands retirement (10 Marks) 10 points Save An On Dec. 31, 2019 Manama Inc. issues callable bonds that have a $350,000 par value, mature in 10 years, and pay 6% interest semiannually on June 30 and December 31. The bonds are sold at $270,000. On Dec. 31, 2020, the company called on the bonds and paid $266,000 to outstanding bondholders Required: Prepare journal entries to record 1 The bonds issuance on Dec. 31 2019 2. The semi-annual interest payment 3. The bonds retirement