Required information The following information applies to the questions displaved below On January 1, 2015, Shay issues $250,000 of 10%, 12-year bonds at a price of 9750. Six years later, on January 1, 2021, Shay retires 20% of these bonds by buying them on the open market at 104.50. All interest is accounted for and paid through December 31, 2020, the day before the purchase. The straight-line method is used to amortize any bond discount 5. How much did the company pay on January 1, 2021, to purchase the bonds that it retired? urchase price