Barr Company acquires 80, 10%, 5 year, 1,000 Community bonds on January 1, 2017 for 80,000. If Barr sells all of its Community bonds for 78,000, what gain or loss is recognized?

Group of answer choices

A. Loss of 2,000

B. Gain of 10,000

C. Gain of 2,000

D. Loss of 10,000