Question: All information needed is provided in the question below. 8) 7 pts. Bradley, Inc. has outstanding an issue of 10 year, 43 B/P's (priced to

All information needed is provided in the question below.

All information needed is provided in the question below. 8) 7 pts.

8) 7 pts. Bradley, Inc. has outstanding an issue of 10 year, 43 B/P's (priced to yield 33) in the face amount of $200,000, and wishes to retire these bonds on 3/31/2021, at 102 plus accrued interest for the first 3 months. At this time, unamortized premium on the bonds totals $12,055. There is also $1,200 of unamortized bond issue costs remaining on the books of Thompson related to these bonds. The bonds originally sold at 108.5. Required: What is the entry recorded by Bradley to retire the bonds (show your work, labeling the payout amount required, and the net carrying (book) value of the B/P's)? Please include a separate entry for the accrued interest due at retirement. 8) 7 pts. Bradley, Inc. has outstanding an issue of 10 year, 43 B/P's (priced to yield 33) in the face amount of $200,000, and wishes to retire these bonds on 3/31/2021, at 102 plus accrued interest for the first 3 months. At this time, unamortized premium on the bonds totals $12,055. There is also $1,200 of unamortized bond issue costs remaining on the books of Thompson related to these bonds. The bonds originally sold at 108.5. Required: What is the entry recorded by Bradley to retire the bonds (show your work, labeling the payout amount required, and the net carrying (book) value of the B/P's)? Please include a separate entry for the accrued interest due at retirement

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