Question: need correct answer in 15 mins please Question 5 4 points Wittebury Corporation retires its 6,000,000 face value bonds at 105 on January 1, following

 need correct answer in 15 mins please Question 5 4 points

need correct answer in 15 mins please

Question 5 4 points Wittebury Corporation retires its 6,000,000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $6,224,700. The entry to redemption will include 0 1 a credit of 30,000 to Bonds Payable. O2 a debit of 75,300 to Loss on Bond Redemption O 3 a credit of 75,300 to Gain on Bond Redemption 04. a credit of 75,300 to Bonds Payable

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