E CHOICE. A corporation currently has $300,000 10% bonds payable and $14,800 premium on bonds payable. In accordance with the bond contract, the corporation calls and retires one-half of the bonds at 103. What is the gain or loss on the retirement of the bonds? A) The company has a loss of $2,900. C) The company has a loss of $4,722. B) The company has a gain of $4,722. D) The company has a gain of $2,900. of cash flows. It presents the following amour