Question - Dechow, Inc., issued $250,000 of 8%, 15-year bonds at 96 on July 1, 2007. Interest is payable semiannually on December 31 and June 30. Through June 30, 2014, Dechow amortized $3,186 of the bond discount. On July 1, 2014, Dechow retired the bonds at 101. Prepare journal entries to record the issue and retirement of these bonds for 7/1/2007 and 7/01/14. (Assume the June interest expense has already been recorded).