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, 2025] 620,000 Interest is payable annual Iy on January 1.The bonds are callable on any annual interest date. (a) Journalize the payment of the bond interest on January 1, 2022. {[1} 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