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Loveland Corporation issued $535, 200 of 11-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $519, 144, the

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Loveland Corporation issued $535, 200 of 11-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $519, 144, the company redeemed the bonds at 99. Prepare the entry to record the redemption of the bonds

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