On April 1, 2017, Headland Company sold 19,800 of its 10%, 15-year, $1,000 face value bonds at 98, 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, Headland took advantage of favorable prices of its stock to extinguish 5,700 of the bonds by issuing 188,100 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 $31 per share on March 1, 2018. Prepare the journal entries needed on the books of Headland Company to record the following. (Round intermediate calculations to 6 decimal places, e.g. 1.251247 and final answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 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 5,700 bonds. (No reversing entries made.) Debit Credit No. Date Account Titles and Explanation (a) 4/1/17 (b) 10/1/17 (c) 12/31/17 (d) 3/1/18 (To record payment to retiring bondholders) (To record extinguishment of the bonds)