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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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