work Help Seve The long-term liability section of Eastern Post Corporation's balance sheet as of January 1, 2018, included 11% bonds having a face amount of $40.4 million and a remaining premium of $6.1 million. On January 1, 2018 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 1, Eastern Post called half the bonds at the call price of 103 (103% of face amount) 2. Eastern Post repurchased $10.1 million of the bonds on the open market at their market price of $10.6 million. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Eastern Post repurchased $10.1 million of the bonds on the open market at their market price of $10.6 million. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Prev 1 of 6 Next >