Question: A 5 - year, $ 1 , 0 0 0 , 0 0 0 bond is issued at 9 5 . Two years later, the

A 5-year, $1,000,000 bond is issued at 95. Two years later, the bond is redeemed for 103. At the time the bond is redeemed, the unamortized discount is $28,000 and the unamortized bond issuance costs are $15,000. Assuming that the issuer follows U.S. GAAP, which of the following journal entry accounts is correct at the time the bond is redeemed?

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