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Eon 16 et ered On January 1, 2022, Gorski Corp. purchased $1,000,000, 10% bonds for $1,040,000. These bonds were to mature on January 1, 2032,

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Eon 16 "et ered On January 1, 2022, Gorski Corp. purchased $1,000,000, 10% bonds for $1,040,000. These bonds were to mature on January 1, 2032, but were redeemable at 102 any time after December 31, 2025. Interest was payable semiannually on July 1 and January 1. On July 1, 2028, Gorski redeemed all of the bonds. Bond premium was amortized on a straight-line basis. Gorski's gain or loss in 2028 was: s out of lag question a. Select one: O a $20,000 loss O b. $12,000 loss Oc. $6,000 gain di $8,000 loss e $12,000 gain

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