On April 1, 2017, Sarasota Company sold 23,400 of its 11%, 15-year, $1,000 face value bonds at 96. 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, Sarasota took advantage of favorable prices of its stock to extinguish 5,400 of the bonds by issuing 178,200 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 Sarasota 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 5,400 bonds. (No reversing entries made.) Debit Credit No. (a) Date Account Titles and Explanation 4/1/17 Tcash 22464000 Discount on Bonds Payable 36000 Bonds Payable 23400000 (b) 10/1/17 Interest Expense 1287000 Cash 1255800 | Discount on Bonds Payable 31200 (c) 12/31/17 Interest Expense 643500 1 Interest Payable 627900 DIEGUNOITO GOTTGTGOD | Discount on Bonds Payable 15600 (d) 3/1/18 Interest Expense 99000 Interest Payable 148500 | Cash 245100 Discount on Bonds Payable 2400 (To record payment to retiring bondholders)