Case B On 31 December 20X7, Dartmouth Co. has the following bond on the statement of financial position: Bond payable, 8%, interest due semi-annually on 31 March and 30 September; maturity date, 30 September 20X10 Discount on bonds payable $12,000,000 (88,000) $11,912,000 Accrued interest payable of $240,000 was recorded on 31 December 20X7 ($12,000,000 ~ 8% x 3/12) and the bond discount was correctly amortized to 31 December 20X7. On 31 March 20X8, semi-annual interest was paid and the bond discount was amortized by a further $8,000. Then, 30% of the bond was retired at a cost of $3,515,000 (exclusive of interest). Required: Provide the entries to record the bond interest and retirement on 31 March 20X8. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 1 2 > Record the interest payment. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Journal entry worksheet