On January 1, 2020, when the market rate of interest was 10%, Downey, Inc. issued $1,000,000 face value, 10-year bonds with a stated rate of 12%. Interest is paid semi-annually on June 30th and December 31st. On December 31, 2022, when the market rate was 15%, Downey purchased 25% of these bonds on the open market and retired the debt, Assuming the bonds were valued properly, gain would Downey record on December 31, 2022 when the retirement occurred? Round to the nearest dollar Numer Response