Sarasota Corp. retires its $928000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $962750. The entry to record the redemption will include a O debit of $46400 to Premium on Bonds Payable. O debit of $34750 to Premium on Bonds Payable. o credit of $11650 to Gain on Bond Redemption. credit of $34750 to Loss on Bond Redemption