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Chang Industries has bonds outstanding with a par value of $213,600 and a carrying value of $223,400. If the company calls these bonds at a

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Chang Industries has bonds outstanding with a par value of $213,600 and a carrying value of $223,400. If the company calls these bonds at a price of $218,000, the gain or loss on retirement is: Multiple Choice $4,400 gain. $5,400 loss. 0 $9,800 gain. O $5,400 gain. 0 $4,400 loss

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