Sheng Corporation pays $50,000 into a bond slabong fund each year for the future rederrotion of bonds At the end of the firt yess, earmings on the shieng fund are 34,73 . Whan the bonds mature, there is a balance in the sinking fund of 5302,125 , of which $500.000 in tsed to redeem the bonds Frequired: Pregare joumal entries to record (a) The indial sinking fund depose. (b) The first year's eamings (c) The redemption of the bonds (d) The fetum of ercess bash to the comoration