1.5472 I! View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. On January 2, 2015. Pina Corporation issued $1.550,000 of 10% bonds at 98 due December 31, 2024. Interest on the bonds is payable annually each December 31. The discount on the bonds is also being amortized on a straight-line basis over the 10 years. (Straight-line is not materially different in effect from the preferable interest method.) The bonds are callable at 101 (le, at 101% of face amount), and on January 2, 2020, Pina called $930,000 face amount of the bonds and redeemed them Ignoring income taxes, compute the amount of loss. If any, to be recognized by Pina as a result of retiring the $930,000 of bonds in 2020. (Round answer to O decimal places, es, 38,548.) Loss on redemption