Assume that on July $1,2027,$ Cullumber Co$.$ redeems half of the bonds at a cost of $$1,122,300$ plus accrued interest. Prepare the

journal entry to record this redemption. $($Round present value factor to $5$ decimal places, e$.$g$.1\mathrm{.}24356$ and final answers to

$0$ decimal places, e$.$g$.38,548.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.

Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit

entries before credit entries.$)\backslash$table$[[$A$,$B$,$C$,$D$,$E$],[$Part a$],[$Date$,$Account titles,debit,credit,$],[Jan12024,$Cash,$2234253,,],[$Premium on bonds payable,,$124253,],[$Bonds Payable,,$2110000,],[,,,$E$,],[$Part b$],[$Date$,$Cash paid,Interest Exper,premium Amortization,Carrying Value of Bonds.$],[\frac{1}{1}\frac{?}{24},0,0,0,2234255],[\frac{1}{1}\frac{?}{25},253200,245768,7432,2226821],[\frac{1}{1}\frac{?}{26},253200,244950,8250,2218571],[\frac{1}{1}\frac{?}{27},253200,244043,9157,2209414],[\frac{1}{1}\frac{?}{28},253200,423036,10164,2199250]]$

Part C

Assume that on July $1,2027,$ Cullumber Co redeems half of the bonds at a cost of $$1122300$ plus accrue

Date interest. Prepare the journal entry to record this redemption.

$17$

$18$

$19$

$20$

$21$

$22$

$23$

$24$

$25$

$26$

$27$

$28$

$29$

$30$

$31$

$32$

$33$

$34$

Acct Titles

$\frac{7}{1}\frac{?}{27}$

$\backslash$table$[[$Interest Expense,Debit,Credit$],[$Premium on Bondspay,?,$],[$Cash$,,]]$

$\frac{7}{1}\frac{?}{27}$

$\backslash$table$[[$Bonds Payable,?