Cairns owns 75 percent of the voting stock of Hamilton, Inc. The parent's interest was acquired several years ago on the date that the subsidiary was formed. Consequently, no goodwill or other allocation was recorded in connection with the acquisition. Cairns uses th equity method in its internal records to account for its investment in Hamilton On January 1, 2014, Hamilton sold $1,200,000 in 10-year bonds to the public at 115. The bonds had a cash interest rate of 9 percent payable every December 31. Cairs acquired 40 percent of these bonds at 88 percent of face value on January 1, 2016. Both companies utilize the straight-line method of amortization. Prepare the consolidation worksheet entries to recognize the effects of the intra-entity bonds at each of the following dates. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. December 31, 2016 b. December 31, 2017 c. December 31, 2018 Answer is not complete. NO Credit Debit 480,000 1 Date Accounts December 31, 201 Bonds payable Interest income Premium on bonds payable Gain on retirement of bonds Interest expense Investment in bonds 0000 2. December 31, 201Bonds payable Interest income Premium on bonds payable Interest expense Investment in bonds Investment in Hamilton OOOOOO 3 December 31, 201 Bonds payable Interest income Premium on bonds payable Interest expense Investment in bonds Investment in Hamilton OOOO