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Chang Industries has bonds outstanding with a par value of $226,400 and a carrying value of $242,600. If the company calls these bonds at a

Chang Industries has bonds outstanding with a par value of $226,400 and a carrying value of $242,600. If the company calls these bonds at a price of $234,000, the gain or loss on retirement is: Multiple Choice $7,600 loss. $8,600 loss. $16,200 gain. $8,600 gain. $7,600 gainimage text in transcribed

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