53. A company issued $2,000,000, 5 years, 10% bonds, receiving $1,800,000 in cash on January 1, 2015. On January 1, 2017 after the bond interest payment was made, the company purchased 20% of the bond issue on the open market at 105 and retired them. Prepare the journal entry to record the retirement of these bonds. (S points) Date Description Debit Credit