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On February 1, 2023, Pat Weaver incorporated (PWI) issued 10%, $1,900,000 bonds for $2,200,000. PWi retired all of these bonds on January at 102. Unamortized

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On February 1, 2023, Pat Weaver incorporated (PWI) issued 10\%, $1,900,000 bonds for $2,200,000. PWi retired all of these bonds on January at 102. Unamortized bond premium on that date was $193,800. How much gain or loss should be recognized on this bond retirement? Multiple Choice $155,800 gain $155,800 loss $190,000 gain $220,000 gain

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