At December 31, 2019 the following balances existed on the books of Rentro Corporation: Bonds Payable of 1 Discount on Bonds Payable Interest Payable $1,500,000 120,000 37,000 If 60% of the bonds are retired on January 1, 2020, at 102, what will Rentro report as a loss on redemption? Select one: a. $240,000 Ob. $144,000 c. $90,000 d. $150,000