On January 1, 2021, XYZ Inc. invested in 5 years, $300,000, 6% bonds for $312,988. Interests are paid annually on December 31. The investment is held for trading purposes; and the company uses FV-NI model to account for its investments. Annual amortization of the premium is $2,598 using the straight-line method. On December 31, 2021, the bonds were sold at 105. Calculate the gain/(Loss) on disposal of the bonds. a. $4,609 b. $17,598 c. $12,402 d. $15,000 e. $2,025