The balance sheet of Indian River Electronics Corporation as of December 31, 2020, included 13.75% bonds having a face amount of $90.6 million. The bonds had been issued in 2013 and had a remaining discount of $3.6 million at December 31, 2020. On January 1, 2021, Indian River Electronics called the bonds before their scheduled maturity at the call price of 103. Required: Prepare the journal entry by Indian River Electronics to record the redemption of the bonds at January 1, 2021. (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 1 Record the redemption of the bonds. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $330 million on January 1, 2021, for $295,039,998. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest is paid semiannually on June 30 and December 31. Required: Calculate the amounts related to the bonds that Myriad would report in its financial statements. (Round your answers to the nearest whole dollar.) Net liability Financing