Hurst, Incorporated sold its 8% bonds with a maturity value of $4,500,000 on August 1, 2018 for $4,419,000. At the time of the sale the bonds had 5 years until they reached maturity. Interest on the bonds is payable semiannually on August 1 and February 1. The bonds are called at a price of 103 on August 1, 2020. Assume the Hurst used straight-line amortization.

Prepare the journal entry to record the bond call