21. Bcats Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15.500. If the issuing corporation redeems the boods at 93.5, what is the amount of gain or loss credemptica? a $500 gain b. $15,500 gain c. $15,500 loss d $500 loss 22. On January 1, 20x, Swenson Corporation had 40,000 shares of S10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share on February 1, 2016, Swenson purchased 2,000 shares of treasury stock for $24 per share and later sold the treasury shares for $2! per share on March 1, 2ther. The journal entry to record the purchase of the treasury shares on February 1, 20xx, would include a a credit to a gain account for $6,000. b. debit to a loss account for $6,000 c.debitte Treasury Stock for $48,000. d. credit to Treasury Stock for $48,000 23. Os January 1, 2010, Zero Company obtained a $2.000, four year 6.5 installment note from Regional Bank. The note requires a payments consisting of principal and interest of $15, 179, bertson December 31, 2010. The December 31, 2010 carrying amount in the amortization table for this installed Bote will be equal to: $40,201 d S16,821 24. If Everly Company issues 1.000 shares of sparke t for $75,000, the acco Paid in Capital in excess of ar Value becede Stone b Paid in Capital in excess of Paralot be credited for 55 Common Stock will be credited for 515.00 SSD