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Answer only needed for part c Sheridan Company sold $6,400,000,8%,15-year bonds on January 1, 2025. The bonds were dated January 1, 2025, and pay interest

Answer only needed for part c
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Sheridan Company sold $6,400,000,8%,15-year bonds on January 1, 2025. The bonds were dated January 1, 2025, and pay interest on December 31. The bonds were sold at 97. At January 1,2027 , when the carrying value of the bonds was $6,233,600, the company redeemed the bonds at 105 , Record the redemption of the bonds assuming that interest for the year had already been paid. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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