The balance sheet for Sunland Company reports the following information on July 1, 2025. Sunland decides to redeem these bonds at 108 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2025. (List all debit entries before credit entries, Credit occount titles are automatically indented when amount is entered, Do not indent manualiy. If no entry is required, select "No Entry" for the account titles and enter O for the omounts.)