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Marjan, Inc. has the following selected balances as of December 31, 2016 8% Debenture bonds payable, due Dec. 2040, $100,000 Premium on debenture bonds payable,

Marjan, Inc. has the following selected balances as of December 31, 2016

8% Debenture bonds payable, due Dec. 2040, $100,000

Premium on debenture bonds payable, $8,000

On January 2, 2017, the bondholders redeemed all of the debentures at 104. Based on this information, Majan should recored a of $ on the redemption of the bonds.

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