Discount Pizza retires its 5% bonds for $66,000 before their scheduled maturity. At the time, the bonds have a face amount of $68,900 and a carrying value of $63,773. Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the early retirement of bonds. Note: Enter debits before credits. Transaction General Journal Credit Debit 68,900 Ultimate Butter Popcorn issues 7%, 20-year bonds with a face amount of $44,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price will the bonds issue? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to 1 decimal place.) Bond Characteristics Amount $ 44,000 Face amount Interest payment Market interest rate Periods to maturity Issue price Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's Up Selected balance sheet data 2021 Total assets $ 735 Total liabilities 624 Total stockholders' equity 111 2020 $ 726 526 200 Surf's Up Selected income statement data 2021 Sales revenue $803 Interest expense 18 Tax expense 40 Net income 62 Based on these amounts, calculate the following ratios for 2021: (Do not round intermediate calculations. Round all final answers to 1 decimal place. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Debt to Equity Ratio Return on Assets Ratio