Falco inc issued a 20,000,000 bond with a 6% coupon paid semi-annually 3 yrs ago. The bond originally for 20 yrs. In order to clean up their balance sheet to prepare public offering of stick falco inc decides to buy back their outstanding bondsbof this issue in the marketplace. The vurrent carrying value of the binds is 18750000 and they repurchased the bonds for 19100000

prepare the journal entry for the early extunguishment of the debt.