Assume that on July $1,2026,$ the company retires half of the bonds at a cost of $$1,193,000$ plus accrued

interest. Prepare the journal entries to record this retirement. $($Round answer to $0$ decimal places, e$.$g$.5,275.$

Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry

is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit

entries.$)$Debit

July$2026[\}($To record payment of interest and amortizationJuly r $1,($To record reacquisition of bonds$)$