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MC Qu. 136 Clabber Company has bonds... Clabber Company has bonds outstanding with a par value of $121,000 and a carrying value of $109,900. If

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MC Qu. 136 Clabber Company has bonds... Clabber Company has bonds outstanding with a par value of $121,000 and a carrying value of $109,900. If the company calls these bonds at a price of $105,500, the gain or loss on retirement is: Multiple Choice 15,500 loss. $4,400 loss. $11,100 loss. $4,400 gain

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