Crane Company received proceeds of $964500 on 10-year, 6% bonds issued on January 1, 2016. The bonds had a face value of $910000, pay interest annually on December 31st, and have a call price of 102. Crane uses the straight-line method of amortization Crane Company decided to redeem the bonds on January 1, 2018. What amount of gain or loss would Crane report on their 2018 income statement? $43600 gain $43600 loss $25400 loss $25400 gain