On January 1, 2014 Housen Company issued 10 year bonds of $500,000 at 102. Interest is payable on January 1 and July 1 at 10%. On April 1,2015, Housen Company reacquires 50of its own $1000 bonds at 98 plus accrued interest. The fiscal period for Housen Company is the calendar year.

1. the issuance of the bonds. Prepaire interest to record:
2. the interest payments and the adjustments relating to the debt in 2014
3. the re acquisition and the retirement of bonds in 2015
4. the interest payments and adjustments relating to the debt in 2015