The December 31, 2017, balance sheet of Ming Inc. included 12% bonds with a face amount of $92 million. The bonds were issued in 2005 and had a remaining discount of $2,600,000 at December 31, 2017. On January 1, 2018, Ming called the bonds at a price of 102. Required: Prepare the journal entry by Ming to record the retirement of the bonds on January 1, 2018. (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.)