On April 1, 2018, Western Communications, Inc., issued 12% bonds, dated March 1, 2018, with face amount of $44 million. The bonds sold for $43.3 million and mature on February 28, 2021. Interest is paid semiannually on August 31 and February 28. Stillworth Corporation acquired $44,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31, and both firms use the straight-line method. Required: 1. Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's Investment on April 1, 2018 2. Prepare the journal entries by both firms to record all subsequent events related to the bonds through maturity, Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Western Reg 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Credit No 1 Date General Journal August 31, 2018 Interest expense Interest payable Discount on bonds payable Cash Debit 2,300,000 440,000 100,000 2,640,000 2 1,840,000 December 31, 20 Interest expense Discount on bonds payable Interest payable 80,000 1,760,000 3 80,000 1,760,000 February 28, 2018 Interest expense Interest payable Discount on bonds payable Cash 960,000 X 2,640,000