Coyote sold 20,000 shares of $1,000 par value, 8%, 10-year debenture bonds on 1/1/2018. The bonds will pay interests on 12/31 of each year. The market interest rate was 4% as of 1/1/2018. Coyote retired these bonds for $19,500,000 on 1/1/2020. Instructions: prepare any necessary journal entries for the followings using the effective interest method. 1) The issuance of the bonds. 2) Interest expense accrued in 2018 and 2019. 3) Retirement of the bonds on 1/1/2020.