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On January 1, 2021. Crane Company redeemed its 15-year bonds of $7040000 par value for 103. They were originally issued on January 1, 2009 at 92 with a maturity date of January 1, 2024. Crane amortides discounts and premiums using the straight-line method. What amount of loss should Crane recognize on the redemption of these bonds (ignore taxes)? $0 $211200 $239840 $323840