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Record the following retirement.Hudson Inc. included the following items on its balance sheet as of December 21, 2023: 7.5% bonds payable due December 31, 2031

Record the following retirement.Hudson Inc. included the following items on its balance sheet as of December 21, 2023: 7.5% bonds payable due December 31, 2031 $3,000,000 Unamortized discount on bonds payable 120,000 The bonds issue date of the bonds was December 31, 2021 at 95, with interest payable on June 30 and December 31. (Use straight-line amortization.) Hudson Inc. retired $600,000 of these bonds at 101 plus accrued interest on April 1, 2024. (Show computations and round to the nearest dollar.)

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