The following information relates to Bolder Corporation for various events from January 1, 2013 through December 31, 2013.

1. On January 1, 2010 the company issued callable bonds with a face value of $160 million and a stated interest rate of 10%. The bonds were sold to yield 12%. The bonds mature on January 1, 2020. The bonds pay interest every June 30 and December 31. On September 1, 2013, a face value of $64 million in bonds were called in early for retirement at 103 plus accrued interest. The remaining bonds are expected to remain outstanding until they mature. The company uses the effective interest method to account for this debt.

2. Wage information for Bolder Corporation is as follows for the month of December 31, 2013. The company offers its employees the option of contributing retirement funds up to 5% of their wages or salaries, with contributions being matched by Bolder Corporation. The company also pays 80% of medical and life insurance premiums.
Of the total payroll, wages in excess of the $110,100 Social Security limit were $800,000.
$200,000 of the total wages represents eligible wages for unemployment taxes because these employees have not reached the $7,000 required limit.
Deductions relating to these plans and other payroll information for the month of December payroll are listed in the chart on the next page. All wages and taxes will be remitted to the employees, the government and the other agencies on January 1, 2014.

3. A $30 million 8% bank loan is payable on October 31, 2019, The bank has the right to demand payment after any fiscal year-end in which Bolder's ratio of current assets to current liabilities falls below a contractual minimum of 1.9 to 1 and remains so for 6 months. That ratio was 1.75 on December 31, 2013 due primarily to an intentionally temporary decline in parts inventories. Normal inventory levels will be reestablished in the sixth week of 2014.

4. Bolder management intended to refinance $45 million of 7% notes that mature in May, 2014. In late February 2014, prior to the issuance of the 2013 financial statements Bolder negotiated a line of credit with a commercial bank for up to $40 million any time during 2014. Any borrowings will mature two years from the date of borrowing.

5. Bolder is involved in a lawsuit resulting from a dispute with a food caterer. On February 13, 2014 judgment was rendered against Bolder in the amount of $53 million plus interest, a total of $54 million. Bolder plans to appeal the judgment and is unable to predict the outcome, though it is not expected to have a material adverse effect on the company.

Please use the above information to answer the following questions:
A. Prepare any interest accruals or interest payments on the debt.
B. Prepare any entry if necessary related to the lawsuit.
C. Prepare the liability section of the December 31, 2013. Prepare it in good format including the heading and splitting between current and long term liabilities.
D. Prepare any necessary notes of disclosure for the December 31, 2013. Notes should be by topic not by date of activity.
E. Describe any difference between how these transactions and activities are handled and reported under US GAAP versus IGAAP (International Standards).