On January 1, 2021, Ivanhoe Ltd. issued $430,000 of 5%, 5-year bonds. The bonds were issued to yield a market interest rate of 6%. Ivanhoe's year end is December 31. On January 1, 2023 immediately after making and recording the semi-annual interest payment, Ivanhoe redeemed the bonds. A partial bond amortization schedule is presented below. Semi-Annual Interest Period Interest Payment Interest Bond Expense Amortization Amortized Cost $411.660 $12,350 $1,600 413,260 10.750 Jan. 1.2021 July 1, 2021 Jan 1, 2022 July 1, 2022 Jan. 1.2023 10,750 12,398 1.648 414,908 10.750 12,447 1,697 416,605 10.750 12,498 1.748 418,353 Prepare the journal entry to record the payment of interest on July 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 1 (To record interest payment.) Prepare the journal entry to accrue the interest expense on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 (To accrue interest expense.) Prepare the journal entry to record the payment of interest on January 1, 2022. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record interest payment.) Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 100 on January 1, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record redemption of bonds.) Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 97. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record redemption of bonds.)