Queen Company issued bonds with a face amount of $2,000,000 in 2018. As of January 1, 2021, the balance in Discount on Bonds Payable is $6,000. At that time, Queen redeemed the bonds at 102. Assuming that no interest is payable, make the entry to record the redemption. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Bonds Payable 2000000 Loss on Bond Redemption 46000 Discount on Bonds Payable 6000 Cash 2040000