Lemone Corporation retires its $500,000 face value bonds at 102 on January 1, following the payment of interest. The carrying value of the bonds at the redemption date is $481,250. The entry to record the redemption will include a O credit of $18,750 to Loss on Bond Redemption. O credit of $18,750 to Discount on Bonds Payable. O debit of $28,750 to Gain on Bond Redemption. O debit of $10,000 to Premium on Bonds Payable. Sav QUESTION 20 5 points Quincy Co. on January 1, 2021, issued ten-year bonds with a face value of $5,000,000 and a stated interest rate of 10%, payable annually on December 31. The bonds were sold to yield 12%. Table values are: Present value of 1 for 10 periods at 10% .386 Present value of 1 for 10 periods at 12% .322 Present value of 1 for 20 periods at 5% .377 Present value of 1 for 20 periods at 6% .312 Present value of annuity for 10 periods at 10% 6.145 Present value of annuity for 10 periods at 12% 5.650 Present value of annuity for 20 periods at 5% 12.462 Present value of annuity for 20 periods at 6% 11.470 The issue price of the bond is O $5,617,000 O S4,427,500 o $1,560,000 $4,435,000