Hooper Corporation Has Bonds Outstanding with a Face Value of $100,000

Hooper Corporation has bonds outstanding with a face value of $100,000 and a carrying value of $103,000 on December 31,2010.If the company calls in and retires these bonds on December 31,2010,for $105,000,the entry to record the retirement would be:

A)
$\begin{array}{lc}\text { Bonds Payable } & 103,000 \\\text { Cash } && 103,000\end{array}$

B)
$\begin{array}{lc}\text { Bonds Payable } & 105,000 \\\text { Cash } && 105,000\end{array}$


C)
$\begin{array}{l}\text { Bonds Payable } & 100,000 \\\text { Loss on Retirement of Bonds } &&3,000\\\quad \text { Cash }&&&103,000\end{array}$

D)
Bonds Payable $\quad 100,000$
Loss on Retirement of Bonds $\quad 2,000$
Unamortized Bond Premium $\quad 3,000$
Cash $\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad 105,000$