Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2018. LPC's accountant has projected the following amortization schedule from issuance until maturity: Cash Effective Decrease in Date Outstanding interest interest balance balance 1/172018 $ 207,020 6/30/2018 $ 7,000 $ 6,211 -- $ 789 206,230 12/31/2018 7.000 6.187 813 205,417 6/30/2019 7,000 6.163 837 204,580 12/31/2019 7.000 6,137 863 203.717 6/30/2020 7,000 6.112 *888 202,829 12/31/2020 7.000 6.085 915 201.913 6/30/2021 7,000 6,057 943 200.971 12/31/2021 7.000 6.029 971 200,000 LPC calls the bonds at 105 (105% of the face value) immediately after the interest payment on 06/30/2019 and retires them. What gain or loss, if any, would LPC record on this date? O $5,420 gain O $5,420 loss O $2.283 loss 12,791 loss