The balance sheet for Miley Consulting reports the following information July 1, 2017 on Long-term liabilities $3,300,000 165,000 Bonds payable $3,135,000 Less: Discount on bonds payable Miley decides to redeem these bonds at 103 after paying annual interest. Prepare the journal entry to record the redemptipn on July 1, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)