Cark Corporation retires its $$500,000$ face value bonds at $105$ on January $1,$ following the payment of interest. The carrying value of the bonds at the redemption date is $$518,725.$ The entry to record the redemption will include a

a$.$ credit of $$18,725$ to Loss on Bond Redemption.

b$.$ debit of $$18,725$ to Premium on Bonds Payable.

c$.$ credit of $$6,275$ to Gain on Bond Redemption.

d$.$ debit of $$25,000$ to Premium on Bonds Payable.