cupola Fan Corporation issued 10%, $400,000, 10-year bonds for $385,000 on June 30, 2018, Debt issue costs were $1,500. Interest is paid semiannually on December 31 and June 30. One year from the issue date (July 1, 2019), the corporation exercised its call privilege and retired the bonds for $395,000. The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs. Required: 1. 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, 2018 & 2019, and the call of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 Record the issuance of the bonds. 2 Record the payment of interest. Record the payment of interest. 3 4 Record the call of the bonds. Date General Journal Debit Credit June 30 2018 Cash Discount and debt issue costs Discount on bonds payable 383,500 1,500 e15,000 : Bonds payable 400,000 December 31, 2018 2 Interest expense 20,750 Discount on bonds payable Cash 750 20,000 June 30 2019 20,750 Interest expense Discount on bonds payable Cash 750 3 20,000 4 July 01, 2019 Bonds payable Loss on early extinguishment Discount and debt issue costs Discount on bonds payable Cash