On December 31, 2018, the balance sheet of Alpha Corporation reported bonds outstanding with a face value of $12,000,000 and a related unamortized premium of $360,000. Interest is payable semiannually on January 1 and July 1. Prepare an entry in journal form without explanations to record the retirement of bonds with a face value of $1,200,000 on January 1, 2010, assuming the bonds were redeemed at a call price of 105