The following section is taken from Crane's balance sheet at December 31, 2021. Current liabilities Interest payable $ 52,000 Long-term liabilities Bonds payable [9%, due January 1, 20251 620,000 Interest is payable annuallyon January 1.The bonds are callable on any annual interest date. [a] Journalize the payment of the bond interest on January 1, 2022. {b} Assume that on January 1, 2022, after paying interest, Crane calls bonds having a face value of $215,000. The call price is 106. Record the redemption of the bonds. (c) Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds. No. Date Account Titles and Explanation Debit Credit (a) Jan. 1 (b) Jan. 1 (c) Dec. 31