The following is taken from the Marigold Corp. balance sheet. Interest is payable annually on January 1. The bonds are callable on any annual interest date. Marigold uses straight-line amortic for any bond premium or discount. From December 31, 2020, the bonds will be outstanding for an additional 10 years (120 mont Journalize the payment of bond interest on January 1.2021. (Credit occount tites are outomatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31, Interest Expense 2021 Premium on Bonds Payable 16000 Interest Payable 267750 Jan.1,2022BondsPayable 1190000 Premium on Bonds Payable Gain on Bond Redemption Cash 12019000 Assume that on January 1, 2022, after paying interest, Marigold Corp. calls bonds having a face value of $1,190,000. The call price is 101. Record the redemption of the bonds. (Credit account tities are automatically indented when amount is entered. Do not indent manually.)