July 1, 2022, immediately after recording interest payments, Salsa, Incorporated retired one fifth of its $517,000 of bonds payable for $99,200. The bonds were originally issued at par value in 2017. Which of the following statements is correct? Multiple Choice A gain of $417,800 will be reported on the income statement. A loss of $4,200 will be reported on the income statement. Stockholders' equity is not affected by the bond retirement. A gain of $4,200 will be reported on the income statement