Long-term liabilities Bonds payable $3,600,000 Less: Discount on bonds payable 81,000 $3,519,000 Oriole decides to redeem these bonds at 106 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)