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At December 31, 2017 the following balances existed on the books of Bonita Corporation: Bonds Payable $5,950,000 Discount on Bonds Payable 836,000 Interest Payable 156,000

At December 31, 2017 the following balances existed on the books of Bonita Corporation:

Bonds Payable $5,950,000

Discount on Bonds Payable 836,000

Interest Payable 156,000

If the bonds are retired on January 1, 2018, at 103, what will Bonita report as a loss on redemption?

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