Navarro, Inc., issued \(\$ 250,000\) of eight percent, 20 -year bonds at 98 on June 30, 2012. Interest is payable semiannually on December 31 and June 30. Through June 30, 2018, Navarro amortized \(\$ 3,000\) of the bond discount. On June 30,2018 , Navarro retired the bonds at 102 (after making the interest payment on that date). Prepare the journal entry to record the bond retirement on June \(30,2018\).