10. The December 31, 2012, balance sheet of Hess Corporation includes the following items: 9% bonds payable due December 31, 2021: $2,000,000 Unamortized premium on bonds payable: 54,000 The bonds were issued on December 31, 2011, at 103, with interest payable on July 1 and December 31 of each year. Hess uses straight-line amortization. On March 1, 2013, Hess retired $800,000 of these bonds at 98 plus accrued interest. What should Hess record as a gain on retirement of these bonds? Ignore taxes. A) $37,600. B) $37,200. C) $21,600. D) $40,000