On April 1, 2020, Bonita Company sold 27,000 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, 2021, Bonita took advantage of favorable prices of its stock to extinguish 4,800 of the bonds by issuing 158,400 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 $30 per share on March 1, 2021. Prepare the journal entries needed on the books of Bonita 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, 2020: issuance of the bonds. (b) October 1, 2020: payment of semiannual interest. (c) December 31, 2020: accrual of interest expense. (d) March 1, 2021: extinguishment of 4,800 bonds. (No reversing entries made.) ate Account Titles and Explanation I/1/20 Cash Discount on Bonds Payable Bonds Payable 1/1/20 Interest Expense Cash Debit 26190000 810000 1647000 Credit 27000000 1620000 31/20 Discount on Bonds Payable Interest Expense Interest Payable Discount on Bonds Payable B/1/21 Interest Expense B/1/21 Interest Payable Cash Discount on Bonds Payable (To record interest and discount on bonds retired) Bonds Payable Loss on Redemption of Bonds Discount on Bonds Payable Common Stock Paid-in Capital in Excess of Par - Common Stock 27000 13500