On January 1, a company issued 2%, 10 year bonds with a face amount of $70 million for $58,553,901 to yield 4%. Interest is paid semiannually. What was the straight line interest expense on the December 31 annual Income statement? (Enter your answer in whole dollars. Round your intermediate calculations to the nearest dollar amount.) Interest expenso A company retired $64 million of its 5% bonds at 105 (567.2 million before the scheduled maturity. At the time, the bonds had a remaining discount of $1 million 2 pots Prepare the journal entry to record the redemption of the bonds (Enter your answers in millions rounded to 1 decimal place lle.. 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Speed