The December 31, 2023, balance sheet of ABC Co. included the following items: 7.5% bonds payable due December 31, 202 Unamortized discount on bonds payable $320,000 8,400 The bonds were issued on December 31, 2018, at 95, with interest payable on June 30 and December 31. On January 1, 2024, ABC retired the bonds at 101.