E10-18 Recording the Early Retirement of a Bond Issued at a Discount (with Discount Account) LO10-7 Several years ago, Nicole Company issued bonds with a face value of $1,10.000for $1,040.000 As a result of declining interost ates, the company has deoided lo call the bond at a call premium of 5 pencent over par. The bonds have a cunent bock value of $1,157,000. Recod the reeinement of the bonds, uning a discount accoure ne enty is required for a transactionlevent, select "No journal entry requinedr in the frstcout ea Journal entry worksheet