Carla Vista Co. received proceeds of $863000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $820000, pay interest annually on December 31, and have a call price of 102. Carla Vista uses the straight-line method of amortization. Carla Vista Co. decided to call the bonds on January 1, 2021. What amount of gain or loss would Carla Vista report on their 2021 income statement?

$18000 gain

$18000 loss

$34400 loss

$34400 gain