On January 1, 2021, Sheridan Ltd. issued $460.000 of 5%, 5-year bonds. The bonds were issued to yield a market interest rate of 6%. Sheridan's year end is December 31. On January 1, 2023 immediately after making and recording the semi-annual interest payment. Sheridan redeemed the bonds. A partial bond amortization schedule is presented below. Semi-Annual Interest interest Bond Interest Period Payment Expense Amortization Amortized Cost Jan 1, 2021 $440,381 July 1, 2021 11.500 $13.211 $1.711 442,092 Jan. 1.2022 11.500 13.263 1.763 443,855 July 1.2022 11.500 13,316 1,816 445,671 Jan 2020 SUU 1.370 1,870 447,541 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.) Debit Credit Date Account Titles and Explanation July 1 SON 1/1/2012 To record interestrament P4 Prepare the journal entry to accrue the interest expense on December 31, 2021. (Credit account titles are automatically indented when the ar entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation 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 entere 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 autom amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Jan. 1 (To record redemption of bonds.) Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 94. (Credit account titles are automa indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Credit Debit Date Account Titles and Explanation Jan. 1 (To record redemption of bonds.)