ACC 302, easy. journal entry. Q16

KC Corporation issued bonds with a total par value of $100,000 on 1/1/201. The following loan amortization schedule was developed for these bonds: Based upon the above information, A'ssume the bonds are refunded on January 1,20x4. The new issue has a market value of 104. Make the required journal entry to record the refunding. (You do not have to record interest expense or interest payable.)