On April 1, 2017, Crane Company sold 15,300 of its 12%, 15-year, $1,000 face value bonds at 97. Interest payment dates are April 1 and October 1, and the company uses the straight-line method of bond discount amortization. On March 1, 2018, Crane took advantage of favorable prices of its stock to extinguish 6,900 of the bonds by issuing 227,700 shares of its $10 par value common stock. At this time, the accrued interest was paid in cash. The company's stock was selling for $33 per share on March 1, 2018. Prepare the journal entries needed on the books of Crane Company to record the following. (Round intermediate calculations to 6 decimal places, e.g. 1.251247 and final answers to O decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) April 1, 2017: issuance of the bonds. (b) October 1, 2017: payment of semiannual interest. (c) December 31, 2017: accrual of interest expense. (d) March 1, 2018: extinguishment of 6,900 bonds. (No reversing entries made.) Debit Credit No. (a) Date Account Titles and Explanation 4/1/17 Cash 14,841,UUU Discount on Bonds Payable 459,000 Bonds Payable 15,300,000 (b) 10/1/17 Interest Expense 933,300 Discount on Bonds Payable 15,300 Cash 918,000 (c) 12/31/17 Tinterest Expense 466,650 | Discount on Bonds Payable 7,650 KAS Interest Payable 459,000 (d) 3/1/18 Interest Expense Discount on Bonds Payable Interest Payable UUUUUUURU HIDDDDD DDOTI (To record payment to retiring bondholders) 3/1/18 TBonds Payable Loss on Redemption of Bonds Discount on Bonds Payable Common Stock Paid-in Capital in Excess of Par - Common Stock