Valor Ltd. issued $2,000,000 of 6%, 10 year bonds on September 30, 2020 when the effective interest rate was 8%. The bonds pay interest semi-annually on June 30 and December 31. The firm uses the effective interest method of amortizing discounts and premiums.

Immediately after the interest payment, on June 30, 2021, 70% of the bonds were called in at 98 and retired.Round to the nearest dollar.

I'm looking for journal entries for the following:

1.September 1, 2020Issuance of bonds

2.December 31, 2020Payment of interest

3.June 30, 2021 Payment of interest

4.June 30 2021Retirement of 70% of the bonds

5.Calculate interest expense for December 31, 2021.Journal entry is not required.