Exercise 10-12 The following section is taken from Windsor, Inc.'s balance sheet at December 31, 2018. Current liabilities Interest payable $ 73,000 Long-term liabilities Bonds payable, 596, due January 1, 2021 1,460,000 Bond interest is payable annually on January 1. The bonds are callable on any interest date. Journalize the payment of the bond interest on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Assume that on January 1, 2019, after paying interest, Windsor calls bonds having a face value of $676,500. The call price is 105. Record the redemption of the bonds (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1