Sweet Co$.$ is building a new hockey arena at a cost of $$2,620,000.$ It received a downpayment of $$480,000$ from local businesses to support the project, and now needs to borrow $$2,140,000$ to complete the project. It therefore decides to issue @$2,140,000$ of $12\%,10$ year bonds. Theses bonds were issues on January $1,2024,$ and pay interest annually on each January $1.$ The bonds yield $11\%.$ Assume that on July $1,2027,$ Sweet Co redeems half of the bonds at a cost of $$1,135,200$ plus accrued interest. Prepare the journal entry to record this redemption.