Brief Exercise 9-17 Record early retirement of bonds issued at a premium (LO9-7)

Premium Pizza retires its 7% bonds for $59,000 before their scheduled maturity. At the time, the bonds have a face value of $57,300 and a carrying value of $61,191.

Record the early retirement of the bonds.

I need help to find Premium on Bonds Payable!!

it is not 1,700

Brief Exercise 9-17 Record early retirement of bonds issued at a premium (LO9-7) Premium Pizza retires its 7% bonds for $59,000 before their scheduled maturity. At the time, the bonds have a face value of $57,300 and a carrying value of $61,191. Record the early retirement of the bonds. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete Transaction General Journal Debit Credit 57.300 Bonds payable 1,700X Premium on Bonds Payable Cash 59,000