Pronto Company, who owns an 80% interest in Swing Company, purchased $2,000,000 of Smurfes 8% bonds at 106 on December 31, 2013. The bonds pay interest on January 1 and July 1 and mature on December 31, 2013. Pronto Company uses the cost method to account for its investment in Swing. Selected balances from December 31, 2013 accounts of the two companies are as follows:

	Pronto	Swing
Investment in Swing 8% bonds	$ 2,120,000	$----
Bond discount	----	300,000
Interest payable	----	800,000
8% bonds payable	----	2,0000,000
Interest expense	----	1,700,000
Gain or loss on constructive retirement of bonds	----	----

Required:

Prepare in general journal form the workpaper eliminations related to the bonds to consolidated the financial statements of Pronto and its subsidiary for the year ended December 31, 2013 and 2014