Presented below are selected transactions on the books of Simonson Corporation. May 1, 2012 - Bonds payable with a par value of $900,000, which are dated January 1, 2012, are sold at 106 plus accrued interest. They are coupon bonds, bear interest at 12% (payable annually at January 1), and mature January 1, 2022. (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, 2013 - Interest on the bonds is paid. April 1 - Bonds of par value of $360,000 are called at 102 plus accrued interest, and retired. (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. Instructions: Prepare the journal entries for the transactions above