Three years ago American Insulation Corporation issued 10 percent, $820,000, 10-year bonds for $780,000. Debt issue costs were $4,000. American Insulation exercised its call privilege and retired the bonds for $810,000. The corporation uses the straight-line method both to determine interest and to amortize debt issue costs.

Required:

Prepare the journal entry to record the call of the bonds. (If no journal entry is required for an event, select "No journal entry required" in the first account field.)