Acme Entertainment had $2,000,000 of callable bonds outstanding on December 31, 2017. The ten-year bonds were issued on January 1, 2010 for $2,150,000 and the bonds at 103 anytime after January 1, 2016. The company uses straight-line amortization for bond issue costs and bond premium. Acme decides to call the bonds on January 2, 2018. Compute the gain or loss on early extinguishment of debt. O A. no gain or loss O B. loss of $50,000 OC. loss of $60,000 OD gain of $50,000