The December $31,2025,$ balance sheet of Tamarisk Corp. is as follows. Account Titles and Explanation

$($To record interest expense.$)$

Discount on Bonds Payable

Paid$-$in Capital in Excess of Par $-$ Common Stock

$($To record the conversion.$)$

$10\%$ callable, convertible bonds payable $($semiannual interest

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

par value common stock per $$1,000$ of bond principal; maturity date April $30,2031)$ $$417,000$

Discount on bonds payable

On March $5,2026,$ Tamarisk 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 $30,$ Tamarisk

Corp. paid the semiannual interest and issued shares of common stock for the bonds. The discount is amortized on a straight$-$line basis.

Tamarisk uses the book value method.

Prepare the entries to record the interest expense and conversion on April $30,2026.$ Reversing entries were made on January $1,2026.$

$($List all debit entries before credit entries. 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 O for the amounts.$)$