Nickel lnc bought $200,000 of 3 year, 7% bonds as an investment on December 31, 2017 for $214,000. The investment receives interest annually and Nickel uses straight-line amortization. On May 1, 2018, the issuer retired $40,000 of the bonds at 113. As a result of the retirement, Nickel will report a: (Do not round intermediate calculations and round final answer to nearest whole dollar.) Multiple Choice $44,267 loss $2.711 gain $8,000 gair $6,000 loss