MSG Corporation issued $102,000 of 3-year, 7% bonds outstanding on December 31, 2020 for $108,000. The bonds pay interest annually and MSG uses straight-line amortization. On May 1, 2021, $10,200 of the bonds were retired at 114. As a result of the retirement, MSG will report: (Do not round intermediate calculations and round final answer to nearest whole dollar.) Multiple Choice a $828 loss. a $895 loss. a $1,656 loss. a $1,656 gain