The December 31, 2020, balance sheet of Ayayai Corp. is as follows. 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, 2026) Discount on bonds payable $405,000 13,312 $391,688 On March 5, 2021, Ayayai 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. Ayayai Corp. paid the semiannual interest and issued shares of common stock for the bonds. The discount is amortized on a straight-line basis. Ayayai 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 for the amounts.) 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 for the amounts.) Account Titles and Explanation Debit Credit (To record interest expense.) (To record the conversion)