On January 1, 2023, Culver Corporation issued a series of 100 convertible bonds, maturing in 5 years. The face amount of each bond was $500. Culver received $51,100 for the bond issue. The bonds paid interest every December 31 at 7%; the market interest rate for bonds with a comparable level of risk was 7.50%. The bonds were convertible to common shares at a rate of 10 common shares per bond. Culver amortized bond premiums and discounts using the effective interest method, and the companys year-end was December 31. On January 1, 2024, 20 of the bonds were converted into common shares. On June 30, 2024, another 20 bonds were converted into common shares. The bondholders chose to forfeit the accrued interest on these bonds. On January 1, 2025, when the fair value of the bonds was $30,570 due to a decrease in market interest rates, a conversion inducement of $25/bond was offered to the remaining bondholders to convert their bonds to common shares. All of the remaining 60 bonds were converted into common shares at this time. Prepare all required journal entries to record the above transactions (Hint: dont forget to accrue interest and amortize the premium on the bond at year-end). (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

January 1, 2023

DR Cash

CR Bonds payable

CR Contributed surplus - conversion rights

Dec 31, 2023

DR Int expense

CR Bonds payable

CR Cash

Jan 1, 2024

DR Bonds payable

DR Contribution surplus - conversion rights

CR Common shares

Jun 30, 2024

DR Bonds payable

DR int expense

DR Contribution surplus - conversion rights

CR Common shares

Dec 31, 2024

DR Int expense

CR bonds payable

CR Cash

Jan 1, 2025

DR Bonds payable

DR loss on redemption on bonds

DR Contributed surplus - conversion rights

DR Retained earnings

CR Common shares

CR Cash

Please help me find the DR and CR amounts for each journal entry.