25 On July 1, 2017, immediately after recording interest payments, Salsa, Inc. retired one fifth of its $510,000 of bonds payable for $98,500. The bonds were originally issued at par value in 2012. Which of the following statements is correct? O A gain of $3,500 will be reported on the income statement. A gain of $411,500 will be reported on the income statement. Stockholders' equity is not affected by the bond retirement. O A loss of $3,500 will be reported on the income statement