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Chang Industries has bonds outstanding with a par value of $224,000 and a carrying value of $239,000. If the company calls these bonds at a

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Chang Industries has bonds outstanding with a par value of $224,000 and a carrying value of $239,000. If the company calls these bonds at a price of $231,000, the gain or loss on retirement is: Multiple Choice $15,000 galn. $8,000 loss. $7,000 loss. $7,000 galn. $8,000 galn

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