Maple Managernent inc. issued 9 percent bonds with a maturity value of $5,990,000 for $5,758,734 on October 1,2020 , when the market rate of interest was 10 percent. These bonds mature on October 1, 2025, and are callable at 101.00. Maple Management Inc, pays interest each April 1 and October 1. On October 1, 2021, when the bond's' market price is 103.00, Maple Management Inc. retires the bonds in the most economical way available. Required Record the payment of interest and the amortization of the bond discount at October 1, 2021; also record the retirement of the bonds on that date. Maple Management inc. Uses the effective-interest method to amortize the bond discount. Record the entry for the payment of interest and the amortization of the bond discount at October 1,2021. (Record debits first, then credits. Exclude explanations from journal entries. Round amounts to the nearest whole dollar.)