A company retired $74 million of its 7% bonds at 105 ($777 million) before their scheduled maturity. At the time, the bonds had a remaining discount of $1 millior Prepare the journal entry to record the redemption of the bonds. (Enter your answers in millions rounded to 1 decimal place (l.., 5,500,000 should be entered as 5.5). If no entry Is requlred for a transaction/event, select "No Journal entry required" In the first account fleld.) ournal entry worksheet Record the redemption of the bonds. ote: Enter debits before credits. General Journal DebitCredit Even