Trask Company is a privately owned residential construction company in Whitby, Ontario. Trask Company sold $10,000,000 five-year, 4% callable bonds on January 1, 2012. The bonds pay interest on June 30 and December 31 and were issued at an effec- tive interest rate of 3%, resulting in Trask Company receiving cash of $10,461,109. Trask Company has chosen to use the straight-line method of amortization.

Journalize the entries to record the following selected transactions:

1. Sale of the bonds on January 1, 2012.

2. First semiannual interest payment and premium amortization, on June 30, 2012.

3. Fifth semiannual interest payment and premium amortization, on June 30, 2014.

4. Trask Company called $6,000,000 of the bond issue at 104, the rate provided in the

bond indenture, on June 30, 2014.

5. Sixth semiannual interest payment and premium amortization, on December 31, 2014.