21 MSG Corporation issued $100,000 of 3-year, 6% bonds outstanding on December 31, 2020 for $106,000. The bonds pay interest annually and MSG uses straight-line amortization. On May 1, 2021, $10,000 of the bonds were retired at 112. As a result of the retirement, MSG will report:- + A. a $600 loss. B. a $667 loss. C. a $1,200 loss. D. a $1,200 gain. t t 22. Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 30,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported net income of $100,000.- Paid dividends of $50,000. + What is total paid-in capital at the end of 2021? t A. $420,000.- B. $370,000.- C. $470,000.- D. $320,000