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Ace retired a $10,000 bond by paying $11,000 cash. The payment included accrued interest of $250. At the date of retirement, the unamortized discount on
Ace retired a $10,000 bond by paying $11,000 cash. The payment included accrued interest of $250. At the date of retirement, the unamortized discount on the bonds was $400. How much is the loss on retirement?
None of these
0
350
1,150
750
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