Clarkston inc. has $400,000 of 12% bonds, callable at 102, with a remaining 10-year term, and interest payable semiannually. the bonds are currently valued on the books at $384,000, and the company has already made the interest payment and adjustment for amortization of any premium or discount. similar bonds can be marked currently at 10% and would sell at par.give the journal entries to retire the old debt and issue $400,000 of new 10% bonds at par?