Marin Ltd. sold $6,120,000 of 12% bonds, which were dated March 1, 2020, on June 1, 2020. The bonds paid interest on September 1 and March 1 of each year. The bonds' maturity date was March 1, 2030, and the bonds were issued to yield 14%. Marin's fiscal year-end was February 28, and the company followed IFRS. On June 1, 2021, Marin bought back $2,120,000 worth of bonds for $2,020,000 plus accrued interest.

Prepare the journal entry for the accrued interest on the portion of the bonds redeemed.