The December $31,2020,$ balance sheet of Splish Corp. is as follows.

$11\%$ callable, convertible bonds payable $($semiannual interest

dates April $30$ and October $31$; convertible into $6$ shares of $$25$

par value common stock per $$1,000$ of bond principal; maturity date April $30,2026)$ $$352,000$

Discount on bonds payable $q,$ $$343,232$

On March $5,2021,$ Splish Corp. called all of the bonds as of April $30$ for the principal plus interest through April $30.$ By April $30,$ all bondholders had exercised their conversion to common stock as of the interest payment date. Consequently, on April $30,$ Splish Corp. paid the semiannual interest and issued shares of common stock for the bonds. The discount is amortized on a straight$-$line basis.

Splish uses the book value method.

Prepare the entries to record the interest expense and conversion on April $30,2021.$ Reversing entries were made on January $1,2021.($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

$$

$$

$($To record interest expense.$)$

$$

$$

$($To record the conversion.$)$