On January 1,2013,Jacob Issued $600,000 of 11%,15-Year Bonds at a Price

On January 1,2013,Jacob issued $600,000 of 11%,15-year bonds at a price of 102½.The straight-line method is used to amortize any bond discount or premium and interest is paid semiannually.All interest has been accounted for (and paid) through December 31,2018.The company retires 30% of these bonds by buying them on the open market at 98½.
What is the journal entry to record the retirement of 30% of the bonds on January 1,2019?

A) $$\begin{array} { | l | r | r | } \hline \text { Bonds Payable } & 180,000 & \\\hline \text { Cash } & & 177,300 \\\hline \text { Discount on Bonds Payable } & & 2,700 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Bonds Payable } & 180,000 & \\\hline \text { Loss on Retirement } & 11,815 & \\\hline \text { Discount on Bonds Payable } & & 2,700 \\\hline \text { Cash } & & 177,300 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Bonds Payable } & 180,000 & \\\hline \text { Discount on Bonds Payable } & 2,700 & \\\hline \text { Gain on Retirement } & & 177,300 \\\hline \text { Cash } & & 5,400 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Bonds Payable } & 180,000 & \\\hline \text { Premium on Bonds Payable } & 2,700 & \\\hline \text { Gain on Retirement } & & 5,400 \\\hline \text { Cash } & & 177,300 \\\hline\end{array}$$
E) $\begin{array}{|c|r|l|}\hline \text { Bonds Payable } & 180,000 & \\\hline \text { Cash } & & 180,000 \\\hline\end{array}$