Bonds Payable has a balance of $914,000 and Premium on Bonds Payable has a balance of $10,054. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption?

Bonds Payable has a balance of $908,000 and Discount on Bonds Payable has a balance of $9,080. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption?Bonds Payable has a balance of $914,000 and Premium on Bonds Payable has a balance of $10,054. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption?

On January 1, $801,000, five-year, 10% bonds, were issued for $776,970. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount is