DATA Bond Face Value Stated Rate Bond Selling price at time of issuance Unamoritized bond Premium Unamoritized bond issue costs Call Price 980,000 7% 95% 35,000 2.500 1059 Which of the following statement(s) is correct regarding the retirement of the bonds. Select all CORRECT CHOICE incorrect choices are penalized). Credit Cash for $1,063,125 "Credit Bond Premium for $35,000.- * Credit Cash for $1,029,000 "Debit Bond Premium for $35,000. "Credit Bonds Payable for $980,000 "Debit loss on retirement of bonds for $16,500 "Debit Bonds Payable for $980,000 "Debit Bonds Payable for $1,012,500" "Credit gain on retirement of bonds for 550,625 Credit gain on retirement of bonds for $16,500" "Debit loss on retirement of bonds for $50,625 sty 10 6 MacBook Pro