Presented below are selected transactions on the books of Simonson Corporation.

May 1, 2014 : Bonds payable with a par value of $963,600, which are dated january 1, 2014 are sold at 106 plus accrued interest. They are coupon bonds, bear interest at 10% (payable annually at January 1), and mature january 1, 2014. (Use interest expense account for accrued interest.)

Dec. 31 : Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium. (Use straight-line amortization.)

Jan. 1, 2015: Interst on the bonds is paid.

April 1 : Bonds with par value of $369,300 are called at 102 plus accrued interest, and redeemed. (Bond premium is to be amortized only at the end of each year.)

Dec. 31 : Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortized.

Prepare journal entries for the transactions above. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Acct. Title	Debit	Credit
May 1, 2014	Cash	1,053,536
	Bonds Payable		?
	Interst Expense		32,120
	Premium on Bonds Payable	?	?
Dec. 31, 2014	Interest Expense	96,360
	Interest Payable (to record the interest)		96,360
	Premium on Bonds Payable	?
	Interst Expense (to amortize the premium)		?
Jan. 1, 2015	Interst Payable	96,360
	Cash		96,360
Apr. 1, 2015	Bonds Payable	?
	Premium on Bonds Payable	?	?
	Interest Expense	?	?
	Cash	?	?
	Gain on redemption of Bonds	?	?
Dec. 31, 2015	Interst Expense	59,430
	Interst Payable (to record the interest(		59,430
	?	?
	Interest Expense (to amortize the premium		?