Redemption of Bonds Reynolds Corporation issued $71,000 face value bonds at a discount of $2,500. The bonds contain a call price of 103. Reynolds decides to redeem the bonds early when the unamortized discount is $1,750. Required: The redemption price would be $ income statement and compared to the carrying value of $ which would result in a be listed with the extraordinary items. It would be considered as part of This would be listed on the