Blossom Company purchased $1180000 of 8%, 5-year bonds from Carlin, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $1230096 at an effective interest rate of 7%. Using the effective interest method, Blossom Company decreased the Available-for-Sale Debt Securities account for the Carlin, Inc. bonds on July 1, 2021 and December 31, 2021 by the amortized premiums of $4048 and $4192, respectively. At February 1, 2022, Blossom Company sold the Carlin bonds for $1215800. After accruing for interest, the carrying value of the Carlin bonds on February 1, 2022 was $1220500. Assuming Blossom Company has a portfolio of available-for-sale debt investments, what should Blossom Company report as a gain (or loss) on the bonds?

$-4700.

$0.

$-9596.

$-14296.