Exercise 14-20 Retiring bonds for cash LO7 Solar Energy Inc. issued a $912,000, 5.5%, five-year bond on October 1, 2020. Interest is paid annually each October 1. Solar's year- end is December 31. Cash Period Ending Interest Paid Period Interest Expense Discount Unamortized Carrying Amort. Discount Value Oct. Oct. 1/21 1/201 $37,900 $874,100 Oct. 1/22 $ 50,160 50,160 $ 56,817 $ 6,657 31,243 880,757 57,249 7,089 24,154 887,846 Oct. 1/23 50,160 57,710 7,550 16,604 895,396 Oct. 1/24 50,160 58,201 8,041 8,563 903,437 Oct. 1/25 50,160 58,723 8,563 0 912,000 $250,800 $288,700 $37,900 Assume that interest has already been paid on October 1, 2023. Required: Using the amortization schedule provided above, record the entry to retire the bonds on October 1, 2023, for cash of: a. $887,000 b. $895,396 c. $898,900