On May 1, 2024, Cullumber Corp. issued $960,000 of 5 -year, 3\% bonds at $916,884. This price resulted in an effective interest rate of 4% on the bonds. The bonds pay interest semi-annually on May 1. Cullumber's year end is April 30. (a) Record the issue of the bonds on May 1, 2024. (List debit entry before credit entry 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 occount titles and enter O for the amounts.) Assume that on May 1, 2027, after payment of the interest, Cullumber redeems all of the bonds at 101. Record the redemption of the bonds. (List all debit entries before credit entries. 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 0 for the amounts. Round answers to O decimal places, es. 5,276.)