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Decrease in Carrying Value Interest Expense 00 Cash Paid $ Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 710 785 $ 13,455 13,455 13,455 13,455 13,455
Decrease in Carrying Value Interest Expense 00 Cash Paid $ Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 710 785 $ 13,455 13,455 13,455 13,455 13,455 $12,745 12,670 12,588 12,497 12,396 Carrying Value $ 121,379 120,669 119,884 119,017 118,059 117,000 867 958 1,059 eBook X2 buys back the bonds for $120,550 immediately after the interest payment on 12/31/2022 and retires them. What gain or loss, if any, would X2 record on this date? Multiple Choice $666 loss, $3,550 gain No gain or Loss O $1,542 loss
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