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B Chang Company retired bonds with a face amount of x300,000,000 at 98 when the carrying value of the bond was 298,900,000. The entry to

B Chang Company retired bonds with a face amount of x300,000,000 at 98 when the carrying value of the bond was 298,900,000. The entry to record the reties ment would include a O loss on bond redemption of 1,100,000. O loss on bond redemption of 6,000,000. O gain on bond redemption of 4,900,000. O gain on bond redemption of 7,100,000image text in transcribed

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