Cespedes sold 6,000,000 of 5 year bonds on Jan 1, 2020 at 97.
Interest is payable annually on Jan 1st at 9%.
At Jan 1st 2023, Cespedes redeems $3,000,000 of the bonds at 101.
Record the sale of the bonds on January 1st, 2020, the interest accrual and amortization of the discount at
December 31, 2022, and the redemption of the bonds at January 1st, 2023.
Also record the interest accrual and amortization of the discount at December 31, 2023.