Brenham Communications issued $600,000 of 8% bonds payable at 97 on October 1. 20X0. These bonds mature on October 1, 20X8, and are callable at 101. Brenham pays interest each April 1 and October 1. On October 1, 20X5, when the bonds' market price is 104. Brenham retires the bonds in the most economical way available. Required Record the payment of the interest and amortization of bond discount at October 1, 20X5. and the retirement of the bonds on that date. Brenham uses the straight-line amortization method.