The balance sheet of River Electronics Corporation as of December 31, 2023, included 13.00% bonds having a face amount of $92.0 million. The bonds had been issued in 2016 and had a remaining discount of $5.0 million at December 31, 2023. On January 1, 2024, River Electronics called the bonds before their scheduled maturity at the call price of 103. Required: Prepare the journal entry by River Electronics to record the redemption of the bonds at January 1, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars. View transaction list View journal entry worksheet General Journal Debit Credit 92,000,000 No Date 1 January 01, 2024 Bonds payable Loss on early extinguishment Discount on bonds payable Cash 5,000,000 +