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Hunter Corporation purchased $200,000 of its bonds on June 30, 2010, at 102 and immediately retired them. The carrying value of the bonds on the

Hunter Corporation purchased $200,000 of its bonds on June 30, 2010, at 102 and immediately retired them. The carrying value of the bonds on the retirement date was $193,700. The bonds pay semiannual interest and the interest payment due on June 30, 2010, has been made and recorded. Prepare the journal entry for the retirement of the bond.

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