4) On January 2, 2006, a company sold a 20-year, 6% coupon bond issue with a face value of $10,000 for $8.932 (rounded to the nearest whole dollar). The required coupon payments are made semi-annually on June 30th and December 31st each year. If the company redeems the issue of bonds payable for $9,036 in the market on January 2, 2021 (after the issue has been outstanding for 15 years), the gain or loss recognized on re- demption amounts to: TAO $548 Gain $ 44 Gain $652 Loss $104 Loss $148 Loss