BSE 3120 Intermediate Accounting II In-Class Activities On January 1, 2015, Winnie, Inc. issued $1,000,000, 6% bonds when the market rate was 5%. Interest is payable semiannually on December 31 and June 30 with the bonds maturing on December 31, 2024. The bonds are callable at 102. On January 1, 2020, Winnie retired $600,000 of the bonds at the call price. At the time they retired the bonds, they also paid the accrued interest for those bonds retired. Winnie uses the straight-line method to amortize any discount or premium. Required: a. Prepare the journal entry to record the issuance of the bonds. b. Prepare any required journal entries for interest payments for the first year. c. Prepare all required entries to record the retirement of the bonds on December 31, 2019