470point Presented below is a partial amortization schedule for The Cookie Company: (0) Increase (3) Interest (1) Period (2) Cash Paid Expense in Carrying Value (5) Carrying Value January $186,992 30 $8.00 December 31 $8415 $415 187,407 Kood 8433 433 187,480 (a) Record the bond issue assuming the face value of the bond is $200,000. (b) Record the first interest payment. (c) If the bond is retired after the December 31 interest payment for $191,000, what is the gain or loss on retiring the bond? Indicate both the dollar amount and whether there is a gain or loss. 2