Sam introduces himself and Bill and starts telling the story of Red Chief. This is exposition as Sam introduces the story and main characters, Bill and Sam.
Red Chief Starts to play with Bill and gets more aggressive each time they do, and soon Bill soon loses his mind and tries to get rid of him. This is the rising action as Red Chief's aggressiveness contributes to the conflict of getting rid of Johnny.
After receiving the reply, it turns out they have to pay Dorset, instead the other way around. Bill and Sam also get startled when Red Chief comes back to them. This is the climax as Red Chief is the problem for Sam and Bill and they have to pay to get rid of him, which adds weight to the conflict of getting rid of Red Chief, who also doesn't want to leave.
Sam and Bill hike to Old Dorset's house and pay the money to get rid of the troublemaker Red Chief. This is the Falling Action as it lists the events that happen before the resolution/end of the story, when Bill and Same learn their lesson.
Bill and Sam try to run away while they can to cross the Canadian border. This is the resolution as while Bill and Sam are running away, they probably reflected on their kidnapping failure and learned their lesson.
Bill and Sam learn their lesson to not be greedy for money and negative behavior leads to consequences. According to the text, "‘Sam,’ says he [Bill], ‘what’s two hundred and fifty dollars, after all? We’ve got the money. One more night of this kid will send me to Bedlam…" These are the themes because being greedy for money, they stole the child, which is very bad behavior, and in the end, they never got their money, but karma in the form of disappointment and pain for doing a bad deed as well as having to pay money.