15. At December 31, 2021, the following balances existed on the books of Foxworth Corporation: a. If the bonds are retired on January 1, 2022, for 2,040,000, what will Foxworth report as a loss on extinguishment? b. C. Bonds Payable Interest Payable d. 1,840,000 50,000 250,000 200,000 150,000 100,000

5. At December 31, 2021, the following balances existed on the books of Foxworth Corporation: E If the bonds are retired on January 1,2022 , for 2,040,000, what will Foxworth report as a loss on extinguishment? a. 250,000 b. 200,000 c. 150,000 d. 100,000