94. Freya's Fabricators, a manufacturing company, paid S13,600,000 to retire $16,000,000 in 7% notes due in 5 years. The book value of the notes was $12,800,000 at the date of retirement. How much is the net gain or loss on the redemption of these notes? Prepare the journal entry to record the transaction. 95. Explain the differences in the components of interest expense for the bonds sold at face value, at a discount, and at a premium