Oceanview Magazine issued $690,000 of​ 15-year, 6% callable bonds payable on July​ 31, 2024​, at 98. On July​ 31, 2027​, Oceanview called the bonds at 102. Assume annual interest payments.   Requirements: 1. Without making journal​ entries, compute the carrying amount of the bonds payable at July​ 31, 2027. 2. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July​ 31, 2027. No explanation is required.

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