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A corporation issued 8% bonds with a par value of $1110.000, recelving a $42,000 premium. Ori the interest date 5 years later, after the bond

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A corporation issued 8% bonds with a par value of $1110.000, recelving a $42,000 premium. Ori 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 $1,098,900, The gain of loss on this retirement is: Moltople Choice 50 $11400 a gini S1thoolows. sin3000000

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