Windsor Inc. had outstanding $9 million of 7.75% bonds (interest payable March 31 and September 30) due in 12 years. Windsor was able to reduce its risk rating through investing in more real estate. As a result, on September 1, it issued $4 million of 10-year, 6% bonds (interest payable July 1 and January 1) at 96. A portion of the proceeds was used to call the 7.75% bonds at 104 on October 1. The unamortized bond discount for the 7.75% bonds was $1.173 million on October 1. Windsor prepares financial statements in accordance with IFRS.

(To record issuance of 6% bonds)?

(To record retirement of 7.75% bonds)?