$31.$

At the end of $2025,$ Pharoah Company purchased $6000,$$$1000,10\%$ bonds. The carrying value of the bonds at December $31,2025$ was $$5898000.$ The bonds mature on March $1,2030,$ and pay interest on March $1$ and September $1.$ Pharoah sells $3000$ bonds on September $1,2026,$ for $$299850,$ after the interest has been received. Pharoah uses straight$-$line amortization. The gain on the sale is

$$49500.$

$$57660.$

$$41340.$

$$0.$