a bond with a $ 750,000 maturity value is immediatly retired for $ 745,000 plus accrued interest. The discount on bonds payable ( bond discount) at the retirement date is $ 25,500. which of the following statement is correct?

a- the gain on the debt extinguishment is $ 5,000 b- the loss on the debt extinguishment is $ 20,500 c- the gain on the debt extinguishment is $ 30,500 d- the gain or loss on the debt extinguishment can't be determined without knowing the dollar amount of the accrued interest.