c 25. Jimmy Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2020 for $60,000 If Jimmy sells all of its Community bonds for $64,500, what gain or loss is recognized? a. Loss of $9,300 b. Loss of $4,500 64,500 60.000 = c. Gain of $9,300 d. Gain of $4,500 4,190 9