Cupola Fan Corporation Issued $10\%,$$$570,000,10-$year bonds for $$543,000$ on June $30,2021.$ Debt issue costs were $$3,200.$

Interest is pald semlannually on December $31$ and June $30.$ One year from the Issue date $($July $1,2022),$ the corporation

exercised its call privilege and retired the bonds for $$550,000.$ The corporation uses the straight$-$line method both to

determine interest expense and to amortize debt issue costs.

Required:

to $4.$ Prepare the Journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue

costs on December $31,2021$ & June $30,2022,$ and the call of the bonds. $($If no entry Is required for a transaction$/$event$,$ select

$"$No journal entry required" In the first account fleld.$)$