Solar Energy Inc. issued a $$911,000,5\mathrm{.}0\%,$ five$-$year bond on October $1,2023.$ Interest is paid annually each October $1.$ Solar$$s year$-$end is December $31.$

Period Ending Cash

Interest

Paid Period

Interest

Expense Discount

Amort. Unamortized

Discount Carrying

Value

Oct. $1/23$ $ $38,375$ $ $872,625$

Oct. $1/24$ $ $45,550$ $ $52,358$ $ $6,80831,567879,433$

Oct. $1/2545,55052,7667,21624,351886,649$

Oct. $1/2645,55053,1997,64916,702894,298$

Oct. $1/2745,55053,6588,1088,594902,406$

Oct. $1/2845,55054,1448,5940911,000$

$ $227,750$ $ $266,125$ $ $38,375$

Assume that interest has already been paid on October $1,2026.$

Required:

Using the amortization schedule provided above, record the entry to retire the bonds on October $1,2026,$ for cash of:

$$886,500$

$$894,298$

$$897,900$