On January 1, 2012, Seward Corporation issues $100,000 face value, 8% semiannual coupon bonds maturing three years from the date of issue. The coupons, dated for June 30 and December 31 of each year, each promise 4% of the face value, 8% total for a year. The firm issues the bonds to yield 10%, compounded semiannually. On January 1, 2014, Seward Corporation reacquires$20,000 face value of these bonds for 102% of face value and retires them. Give the journal entry to record the retirement.