is this correct?

Determining Gain or Loss on Bond Redemption On January 1, 2016, two years before maturity, Easton Company retires $800,000 of its 9% bonds payable at the current market price of 101 (101% of the bond face amount, or $800,000 x 1.01 = $808,000). The bond book value on January 1, 2016 is $790,400 reflecting an unamortized discount of $9,600. Bond interest is presently fully paid and recorded up to the date of retirement. What is the gain or loss on retirement of these bonds? $ 17,600 Loss