PROBLEM 3 Slide Corporation produces and sells rock climbing equipment. On February 28, Slide Corporation had the following accounts and balances: Bonds payable Discount on bonds payable $145,000 12,000 On that day, Slide Corporation redeemed one fifth of the bonds in the market at 102. Prepare the journal entry to record the redemption. Show your calculation in the space provided below the journal entry lines for any credit to be awarded. Round to the nearest whole dollar when necessary