A corporation issued 8% bonds with a par value of $1.140.000, receiving a $48.000 premium. On the interest date 5 years later, after the bond interest was paid and after 40% of the premium had been amortized, the corporation called the bonds at $1,128,600. The gain or loss on this retirement is: Multiple Choice O $1.400 galin $40.200 loss. $40.200 gain. Oso O $11.400 loss