On January 1, 2018, Robert paid $194,000 for $220,000 of the 8%, 20-year bonds of Penn Corporation, issued on January 1, 2014, at par. The bonds are held as an investment. Read the requirement. (If an input field is not used in the table leave the input field empty; do not enter a zero. Use parentheses or a minus sign for a loss.) Realized and recognized gain (loss) Ordinary gain Capital gain (loss) Scenario a. Scenario b. Scenario c. $ 201,000 $ 195,750 $ 189,000