Solar Energy Inc. issued a $$912,000,5\mathrm{.}5\%,$ five$-$year bond on October $1,2023.$ Interest is paid annually each October $1.$ Solar$$s year$-$end is December $31.$

Period Ending Cash

Interest

Paid Period

Interest

Expense Discount

Amort. Unamortized

Discount Carrying

Value

Oct. $1/23$ $ $37,900$ $ $874,100$

Oct. $1/24$ $ $50,160$ $ $56,817$ $ $6,65731,243880,757$

Oct. $1/2550,16057,2497,08924,154887,846$

Oct. $1/2650,16057,7107,55016,604895,396$

Oct. $1/2750,16058,2018,0418,563903,437$

Oct. $1/2850,16058,7238,5630912,000$

$ $250,800$ $ $288,700$ $ $37,900$

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:

$$887,000$

$$895,396$

$$898,900$