FACTS: Number of bonds Par value of each bond Stated interest rate Issue date Due date Call % Called on 2,000 Effective interest rate 1,000 Interest Paid Per Year 4% Payment dates 171120X2 12/31/20X6 Years to maturity January 1st July 1st 1019 1/1/X6 Additional Facts: Bonds called on Called at Years after issue Unamortized Discount 1/1/2006 After this payment is made 101% 4 79,274 5.) At the date of call the reacquisition price of the bond is what? 6.) At the date of call the journal entry required to extinguish the debt early has what impact on net income? DO NOT CONSIDER THE NORMAL JOURNAL ENTRY TO BOOK THE INTEREST AND AMORTIZATION OF THE DISCOUNT/PREMIUM. ONLY CONSIDER THE GAIN OR LOSS ENTRY. Input the numeric amount. It if increases net income just input the amount. If it decrease net income use a minus sign such as - 100. If there is no impact on net income input the number zero. 7.) At the date of call the carrying value of the bond is what amount