Hill Corporation issued $$3,000,000$ of $7\%$ bonds at $98$ on January $2,$ Year $1.$ Interest is paid semiannually on June $30$ and December $31.$ The bonds had a $10-$year life from the date of issue, and the company uses the straight$-$line method of amortization. On March $31,$ Year $4,$ Hill recalls the bonds at the call price of $108$ plus accrued interest.

Required:

Prepare the journal entries to record the reacquisition $($recall$)$ of Hill$$s bonds.