Bond payable, 7%, interest due semi-annually on 31 Dec. and 30 June; maturity date, 30 June 20x11 Premium on bonds payable $8,600,000 72,240 $8,672,248 On 28 February 20X8, 20% of the bond was retired for $1,892,000 plus accrued interest to 28 February. Interest was paid on this date only for the portion of the bonds that were retired. Premium amortization was recorded on this date in the amount of $690, epresenting amortization on the retired debt only. Required: Provide the entries to record the bond interest on 28 February and the bond retirement. (If no entry is required for a Cransaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet