The balance sheet of Indian River Electronics Corporation as of December 31, 2020, included 12.75% bonds having a face amount of $90.2 million. The bonds had been issued in 2013 and had a remaining discount of $3.2 million at December 31, 2020. On January 1, 2021, Indian River Electronics called the bonds before their scheduled maturity at the call price of 101. Required:
Prepare the journal entry by Indian River Electronics to record the redemption of the bonds at January 1, 2021.

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?