The December 31, 2017, balance sheet of Ming Inc. included 8% bonds with a face amount of $106 million. The bonds were issued in 2005 and had a remaining discount of $4,000,000 at December 31, 2017. On January 1,2018, Ming called the bonds at a price of 10:3 Required: Prepare the journal entry by Ming to record the retirement of the bonds on January 1, 2018. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Record the retirement of the bonds on January 1, 2018. On January 1, 2018, for $17.3 million, Marker Company issued 8% bonds, dated January 1, 2018, with a face amount of $193 million. For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31 Required: 1. Prepare the journal entry to record interest on June 30, 2018, using the effectve interest method. 2. Prepare the journal entry to record interest on December 31, 2018, using the effective interest method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record interest on June 30, 2018, using the effective interest method. (If no eltry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Prev 38 of 39Next>