The following independent situations occurred on June 30, 2012:
1. Ernst Corporation redeemed $120,000 of 7% bonds at 101. The bonds' carrying amount at the redemption date was $115,133.
2. Takase Corporation redeemed $150,000 of 8% bonds at 99. The bonds' carrying amount at the redemption date was $156,237.
3. Young, Inc. redeemed $150,000 of 6% bonds at their maturity date, June 30, 2012.
Instructions
Record the transaction for each of the above situations.