A corporation called an outstanding bond obligation four years before maturity. At that time there was an unamortized discount of $1620000. To extinguish this debt, the company had to pay a call premium of $510000. Ignoring income tax considerations, how should these amounts be treated for accounting purposes? Charge $510000 to a loss in the year of extinguishment and amortize $1620000 over four years. Either amortize $1110000 over four years or charge $1110000 to a loss immediately, whichever management selects. Charge $2130000 to a loss in the year of extinguishment. Amortize $2130000 over four years