14. Kant Corporation retires its $100,000 face value bonds at 102 on January 1, following the payment of interest. The carrying value of the bonds at the redemption date is $96,250. The entry to record the redemption will include a a. credit of $3,750 to Loss on Bond Redemption. b. credit of $3,750 to Discount on Bonds Payable. c. debit of $5,750 to Gain on Bond Redemption. (should be a loss) d. debit of $2,000 to Premium on Bonds Payable