The following are independent situations. 1. Larkspur, Inc. redeemed $135,500 face value, 10% bonds on June 30, 2020, at 106. The carrying value of the bonds at the redemption date was $124,500. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded Sunland Company redeemed $143,000 face value, 19% bords on June 30, 2020, at 98. The carrying value of the bonds at the redemption date was $145,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded. 2 For each independent situation above, prepare the appropriate journal entry for the redemption or conversion of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit No. Date June 1. 30 2. June 30