39 Manning Corp has a bond on its books with a net carrying value of $980,000. Specifically, the balance in bonds payable in a s In discount on bonds payable is $20,000. Manning decides to payoff thes bond for a redemption price of 102. Based o following questions: 1. What is the price that Manning will pay to redeem the bond at 1027 (1 point) 5 paints Extra Credi of $1,000,000 and the dance information, please answer the 2. What is the gain or loss that Manning has upon redeeming this bond? Be sure to indicate whether it is a gain or loss and the amount. (2) 3. What is the journal entry Manning will record upon redeeming this bond? (2 points For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B I U 9 S Paragraph Q Open Sans,sav 10pt EY Text === 8 +]