Hogan Company has bonds outstanding with a face value of $2.720,000. The unamortized premium is $39,200. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? $12.000 gain $12.000 loss $27.200 gain $27.200 loss (Calculation of depreciation expense under straight-line, double-declining-balance and units-of-activity) On January 1, 2020, a company purchased factory equipment for $188,000. It is estimated that the equipment will have a $15,875 salvage value at the end of its estimated 5-year useful life and is expected to be used for 45,000 hours. The hourly usage by year is: 2020 2021 2022 12.000 14,000 8.000 6,000 5.000 2023 2024 Assume that the company uses the straight-line method of depreciation. What amount of depreciation expense would be recorded for the fiscal year ending December 31, 2021