a. On January 1, 2014, Maine Company issued a 10% callable bond which has a par value of $100,000 for $92,000. The bond is callable at 103 anytime after January 1, 2019. The entire bond was called back on January 1, 2020 when the unamortized discount had a balance of $2,000. Compute the amount of the gain or loss when the bond was retired on January 1, 2020.

b.A bond was issued on May 1, 2020. The interest dates of the bond are February 1 and August 1. The number of total months of interest expense incurred for the year ended December 31, 2020 should be?