The following are two independent situations. 1 2 Oriole Corporation redeemed $120,600 face value, 9% bonds on June 30, 2020, at 105. The carrying value of the bonds at the redemption date was $106,100. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded. Tastove Inc. redeemed $154,000 face value, 13.00% bonds on June 30, 2020, at 96. The carrying value of the bonds at the redemption date was $158,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.