Ivanhoe Equipment Ltd. issued 12% five-year bonds with a face value of $80,340,000 on October 1, 2024. The bonds were issued at par and pay interest on March 31 and September 30 each year. Ivanhoe's year end is December 31. Prepare the journal entry required at December 31, 2024, and the entries for the interest payments on March 31 and September 30, 2025. (Credit account titles D Interest Expense Cash S Interest Expense Cash