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The balance sheet for Crane Company reports the following Information on July 1,2025. Crane decides to redeem these bonds at 104 after paying annual interest.

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The balance sheet for Crane Company reports the following Information on July 1,2025. Crane decides to redeem these bonds at 104 after paying annual interest. Prepare the journal entry to record the redemption on fuly 1, 2025. Ant aff debit entries before credit entries Credit account tilles are outometically indented when ansount is entered. Do not indent manualik. If no entry is required, select "No Entry" for the occount titler and enter Ofor the dimounts)

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