Assume that a Parent company acquires a 100% interest in its Subsidiary on January 1, 2016. On December 31, 2017, the Subsidiary company issued $2,000,000 (face) 7 percent, five-year bonds to an unaffiliated company for $2, 173, 179 (i.e. the bonds had an effective yield of S percent). The bonds pay interest annually on December 31, and the bond premium is amortized using the straight-line method. This results in annual bond-payable premium amortization equal to $34,636 per year. Interest expense for 2020 is 105,364. On December 31, 2019, the Parent paid $1,948,458 to purchase all of the outstanding Subsidiary company bonds (i.e. the bonds had an effective yield of 8 percent). The bond discount is amortized using the straight-line method, which results in annual bond-investment discount amortization equal to $17,181 per year. Interest income for 2020 is $157,181. Required: Provide the consolidation entries needed to eliminate the bond transaction for the year ended December 31,2020