12 Lahey Corporation retires its $2,000,000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $2,074,900. The entry to record the redemption will include a O credit of $25,100 to Loss on Bond Redemption. O debit of $25,100 to Loss on Bond Redemption. O debit of $2,000,000 to Bonds Payable. Ocredit of $2,074,900 to Bonds Payable