On July 1, 2019, Michigan Company has bonds with balances as shown below.   Bonds Payable65 comma 000Premium on Bonds Payable3 comma 200If the company retires the bonds for $ 66 comma 150,what will be the effect on the income statement?

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?