18. Sandra Corporation issued a $100,000, 10-year, 10 percent bond on December 1, 2013, for $112,000. The company reacquired the bonds for retirement recently when the bonds were selling at 102 on the open market, and the bonds had unamortized premium of $5,900. How much gain or loss should the company recognize on the retirement of the bonds? A) $2,000 loss B) $3,900 gain C) $6,100 gain D) $8,200 loss 19. On January 1, 2021, Abhishek Company purchased machinery for $25,000 and agreed to finance the purchase by making 15 equal payments each December 31 at the implicit interest rate of 9%. Determine the balance in the Note Payable after the first payment. 20 A) $22,750 B) $21,899 C) $24,149 D) $24,413 On October 1 2021 Emma Company issued 800 of its 7 percent 7 year $1.000 bonds at an irrue price of $993 530 The