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Chang Industries has bonds outstanding with a par value of $220,000 and a carrying value of $233.000. If the company calls these bonds at a

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Chang Industries has bonds outstanding with a par value of $220,000 and a carrying value of $233.000. If the company calls these bonds at a price of $226,000, the gain or loss on retirement is: Multiple Choice $7,000 loss. $6,000 goin $13,000 gain $6.000 loss $7000 gain

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