The long$-$term liability section of Eastern Post Corporation's balance sheet as of December $31,2023,$ included $9\%$ bonds having a face amount of $$47\mathrm{.}2$ million and a remaining premium of $$7\mathrm{.}8$ million. On January $1,2024,$ Eastern Post retired some of the bonds before their scheduled maturity.

Required:

Prepare the journal entry by Eastern Post to record the redemption of the bonds under each of the independent circumstances below:

Eastern Post called half the bonds at the call price of $105(105\%$ of face amount$).$

Eastern Post repurchased $$11\mathrm{.}8$ million of the bonds on the open market at their market price of $$12\mathrm{.}3$ million.