On January 1, 2022, Vaughn Ltd. issued a 10% convertible bond at par, with a face value of 165,000, maturing on January 1, 2032 (amounts in thousands). The bond is convertible into ordinary shares of Vaughn at a conversion price of 2,500 per share. Interest is payable annually. At date of issue, Vaughn could have issued at par non-convertible debt with a 10-year term bearing an interest rate of 11%. On January 1, 2025, Vaughn makes a tender offer to the holder of the convertible debt to repurchase the bond for 184,800, which the holder accepts. At the date of repurchase, Vaughn could have issued non-convertible debt with a 7-year term at an effective-interest rate of 8%. Prepare the journal entry to record this repurchase on January 1, 2025. (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 0 decimal places, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Date Account Titles and Explanation January 1, 2025 Debit Credit