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		963,600
	Interst Expense		32,120
	Premium on Bonds Payable		57,816
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	369,300
	Premium on Bonds Payable	?
	Interest Expense	9233
	Cash		?
	Gain on redemption of Bonds		?
Dec. 31, 2015	Interst Expense	59,430
	Interst Payable (to record the interest(		59,430
	Premium on Bonds Payable	?
	Interest Expense (to amortize the premium		?