On May 1, 2020, Crane Corp. issued CHF560,000, 12\%,5-year bonds at face value. The bonds were dated May 1,2020, and pay interest annually on May 1. Financial statements are prepared annually on December 31. Assume that on January 1, 2022, Crane pays the accrual bond interest and calls the bonds. The call price is 104 . Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.8. 5.675.)