Lark Corporation retires its $800,000 face value bonds at 104 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $829,960. The entry to record the redemption will include a Select one: A. debit of $2,040 to Loss on Bond Redemption. B. credit of $32,040 to Premium on Bonds Payable. C. credit of $2,040 to Loss on Bond Redemption D. debit of $32,000 to Premium on Bonds Payable