Entries for Bonds Payable, induding bond redemption The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: Year 1 July 1 Issued $2,170,000 of five-year, 8% cailable bonds dated July 1, Year 1 at a market (effective) rate of 10%, receiving cash of $2,002,439. Interest is payable semiannually on December 31 and June 30 Dec. 31. Paid the semiannual interest on the bonds. The bond discount amortization of $16,756 is combined with the semiannual interest payment Dec. 31. Closed the interest expense account. Year 2 June 30. Paid the semiannual interest on the bonds. The bond discount amortization of $16.756 is combined with the semiannual interest payment Dec. 31. Paid the semiannual interest on the bonds. The bond discount amortization of 16,756 is combined with the semiannual interest payment Dec. 31. Closed the interest expense account. Year 3 June 30. Recorded the redemption of the bonds, which were called at 98. The balance in the bond discount account is $100,537 after payment of interest and amortization of discount have been recorded. (Record the redemption only) Required 1. Soumalize the entries to record the foregoing transactions on amount box does not require an entry, leave it blank or enter "o" When required, round your answers to the nearest dollar Date Account Debit Credit Year! July Cash - 2,002,439 Discount on bonds payable 162,561 Bonds oyable 2,170,000 had Wed Previous