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MSG Corporation issued $102,000 or 3-year, 5% bonds outstanding on December 31,2023 for $105,000. The bonds pay interest annually and M56 uses straight-ine amortization, On

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MSG Corporation issued $102,000 or 3-year, 5% bonds outstanding on December 31,2023 for $105,000. The bonds pay interest annually and M56 uses straight-ine amortization, On May 1, 2024, 510,200 of the bonds were retirod at 1t8. As a result of the retirement, MSG will report a: Multhale Chaico $4,536los5 53,072 loss. $3,072 gain $1,569 loss

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