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Presented below are selected transactions on the books of Bridgeport Corporation.

May $1,2020$ Bonds payable with a par value of $$824,400,$ which are dated January $1,2020,$ are sold at $107$ plus accrued interest. They are coupon bonds, bear interest at $12\%($payable annually at January $1),$ and mature January $1,2030.($Use interest expense account for accrued interest.$)$

Dec. $31$ Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium. $($Use straight$-$line amortization.$)$

Jan. $1,2021$ Interest on the bonds is paid.

April $1$ Bonds with par value of $$329,760$ are called at $102$ plus accrued interest, and redeemed. $($Bond premium is to be amortized only at the end of each year.$)$

Dec. $31$

Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortized.

Prepare journal entries for the transactions above. $($Round intermediate calculations to $6$ decimal places, e$.$g$.1\mathrm{.}251247$ 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 amount is entered. Do not indent manually.$)$