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On January 1, 2014, Henderson Corporation redeemed $508,800 of bonds at 96. At the time of redemption, the unamortized premium was $15,264 and unamortized bond

On January 1, 2014, Henderson Corporation redeemed $508,800 of bonds at 96. At the time of redemption, the unamortized premium was $15,264 and unamortized bond issue costs were $5,088. Prepare the corporations journal entry to record the reacquisition of the bonds.

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