On April 1, 2019, Kingbird issued $2,360,000, 9% bonds for $2,538,729 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation April 1 Cash Bonds Payable Interest Receivable eTextbook and Media List of Accounts Debit 2,538,729 Credit 2,360,000 178,729 On July 1, 2021 Kingbird retired $708.000 of the bonds at 102 plus accrued interest. Kingbird uses straight-line amortization (Credit account titles are automatically Indented when the 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. Round answers to O decimal places, eg. 5.275) Account Titles and Explanation Interest Expense Debit Credit Premium on Bonds Payable i Cash (To record interest and premium on bonds) Bonds Payable Premium on Bonds Payable Cash Gain on Redemption of Bonds (To record entry for retirement of bonds)