Please help me put this into a journal entry:

AMC Entertainment, Inc., owns and operates 361 movie theaters worldwide, with 5,203 screens in 31 states. Assume the company issued 11 percent bonds in the amount of $53,000,000 and then used all of these cash proceeds to retire bonds with a coupon rate of 13.6 percent. At that time, the 13.6 percent bonds had a carrying value of $50,000,000. Please help me put this into a journal entry:

Required: 1. Prepare the journal entries to record the issuance of the 11 percent bonds and the early retirement of the 13.6 percent bonds. Assume both sets of bonds were issued at face value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Transaction List:

1.Record the issuance of 11 percent bonds in the amount of $53,000,000. 2.Record the retirement of the 13.6 percent bonds which has a carrying value of $50,000,000.