Ace Electric recorded the following in its tabular analysis. What is the nature of the transaction recorded on June 1? Assets Liabilities Stockholders' Equity Expenses = Bonds Payable + Discount on Bonds Payable + Common Stock + Revenues Cash Jan. 1 31,600 Jun. 1 53,200 55,000 Issuance of bonds at a premium O Payment of interest on bonds Redemption of bonds at maturity O Issuance of bonds at a discount -1,800