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WileyPLUS Problem 15-10 (Part Level Submission) Mo's Motor Corp. issued $370,000 of 4.5%, 5-year bonds on April 1, 2021. Interest is payable semi-annually on April

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WileyPLUS Problem 15-10 (Part Level Submission) Mo's Motor Corp. issued $370,000 of 4.5%, 5-year bonds on April 1, 2021. Interest is payable semi-annually on April 1 and October 1. On April 1, 2023, immediately after making and recording the semi-annual interest payment, Mo's redeemed the bonds. Below is a partial amortization schedule for the first few years of the bond issue. Mo's Motor Corp. Bond Discount Amortization Schedule Bond Interest Interest Amortized Interest Period Payment Expense Amortization Cost 01-Apr. 2021 $354,015.86 01-Oct. 2021 $8,325.00 $9,735.44 $1,410.44 355,426.30 01-Apr. 2022 8,325.00 9,774.22 1,449.22 356,875.52 01-Oct. 2022 8,325.00 9,814.08 1,489.08 358,364.60 01-Apr. 2023 8,325,00 9,855,03 1,530.03 359,894.63 (a)(f) Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 96. (Credit account titles are automatically indented when the amount is entered. Do not in account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 5,275.25.) Date Account Titles and Explanation Debit Credit Apr. 1, 2023

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