Several years ago Brant, Inc., sold $900,000 in bonds to the public. Annual cash interest of 9 percent ($81,000) was to be paid on this debt. The bonds were issued at a discount to yield 12 percent. At the beginning of 2013, Zack Corporation (a wholly owned subsidiary of Brant) purchased $150,000 of these bonds on the open market for $171,000, a price based on an effective interest rate of 7 percent. The bond liability had a book value on that date of $780,000. Assume Brant uses the equity method to account internally for its investment in Zack.

a. & b.	What consolidation entry would be required for these bonds on December 31, 2013 and December 31, 2015? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

I need the missing numbers on the 2015 entry. The numbers filled in were correct.

Date Consolidating Entries (1) Prepare entry B December 31, 2013 Bonds payable Interest income Loss on retirement of debt Investment in bonds Interest expense (2) Prepare entry B December 31, 2015 Bonds payable Interest income Investment in Zack Investment in bonds Interest expense Debit 132,100 11,970 41,000 11,821 Credit 169,470 15,600