Ex. 14-72 Retirement of bonds On December 31, 2013, LaBrea Corp.'s statement of financial position included the following: 7.5% bonds payable, due December 31, 2021 The bonds have a face value of $600,000, and were issued on December 31, 2011 at 95. Interest is payable semi-annually on June 30 and December 31. LaBrea uses straight-line amortization. $576,000 On April 1, 2014, LaBrea retired 20% of these bonds at 101 plus accrued interest. Instructions Prepare journal entries to record the retirement. Show calculations and round values to the