Solar Energy Inc. issued a $905,000, 7.5%, five-year bond on October 1, 2020. Interest is paid annually each October 1. Solars year-end is December 31.

Period Ending		Cash Interest Paid					Period Interest Expense					Discount Amort.					Unamortized Discount					Carrying Value
Oct. 1/20																	$	35,663				$	869,337
Oct. 1/21		$	67,875				$	73,894				$	6,019					29,644					875,356
Oct. 1/22			67,875					74,405					6,530					23,114					881,886
Oct. 1/23			67,875					74,960					7,085					16,029					888,971
Oct. 1/24			67,875					75,563					7,688					8,341					896,659
Oct. 1/25			67,875					76,216					8,341					0					905,000
		$	339,375				$	375,037				$	35,662

Assume that interest has already been paid on October 1, 2023. Required: Using the amortization schedule provided above, record the entry to retire the bonds on October 1, 2023, for cash of:

1. $883,500
2. $888,971
3. $891,900