Mia Breen Corp. produces and sells wind$-$energy$-$driven engines. To finance its operations, Mia Breen issued $$29,700,000$ of $20-$year, $6\%$ callable bonds on May $1,20$Y$5,$ at their face 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. Refer to the Chart of Accounts for exact wording of account titles.

$20$Y$5$

May $1$ Issued the bonds for cash at their face amount.

Nov. $1$ Paid the interest on the bonds.

$20$Y$9$

Nov. $1$ Called the bond issue at $95,$ the rate provided in the bond indenture. $($Omit entry for payment of interest.$)$