Crane Company issued $451, 500, 8%, 15-year bands on December 31, 2016, for $433, 440. Interest is payable annually on December 31. Crane uses the straight line method to amortize band premium or discount. Prepare the journal entries to record the following events. (Credit account titles arc automatically indented when amount is entered. Do not indent manually.) The issuance of the bonds. The payment Interest and the discount amortization on December 31, 2017. The redemption of the bonds at maturity, assuming interest for the last, interest period has been paid and recorded