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Blossom Company sold $6,900,000,8%,15-year bonds on January 1, 2025. The bonds were dated January 1,2025 , and pay interest on December 31 . The bonds

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Blossom Company sold $6,900,000,8%,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 95. At sanuary 1, 2027, when the carrying value of the bonds was $6,601,000, 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 occount titles are outomatically indented when amount is entered. Do not indent manuolly. If no entry is requilred, select "No Entry" for the account titles and enter O for the amounts)

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