Entries for 1ssuing and Calling Bonds; Gain Year 1, at the Mia Breen Corp. produces and sells wind-energy-driven engines. To fin amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year Journalize the entries to record the following selected transactions: Year 1 May 1 Issued the bonds for cash at their face amount. ance its operations, M a Breen Corp. issued $1,487,000 of 25-year, 8% callable bonds on May Nov. 1 Paid the interest on the bonds Year 5 Nov. 1 Called the bond issue at 9 Issued the bonds for cash at their face amount. Year 1 May 8, the rate provided in the bond indenture. (Omit entry for payment of interest.) Paid the interest on the bonds. Year 1 Nov1 Called the bond issue at 98, the rate provided in the bond indenture. (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blank Year 5 Nov. 1 Check My Work use Year 1 May 1 Issued the bonds for cash at their face amount Nov. 1 Paid the interest on the bonds Year 5 Nov. 1 Called the bond issue at 98, the rate provided in the bond indenture. (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. Year 1 May 1 Paid the interest on the bonds Year 1 Nov. 1 Called the bond issue at 98, the rate provided in the bond indenture (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blan Year 5 Now, 1