Bundle Company issued $560,000 par value, 10-year bonds at 102 on January 1, 20X3, which Mega Corporation purchased. The coupon rate on the bonds is 13 percent. Interest payments are made semiannually on July 1 and January 1. On July 1, 20X6, Parent Company purchased $224,000 par value of the bonds from Mega for $216,500. Parent owns 70 percent of Bundles voting shares. Required: a. What amount of gain or loss will be reported in Bundles 20X6 income statement on the retirement of bonds? (Leave no cells blank - be certain to enter "0" wherever required.)