On January 1, 20XO, HPN PLC, issued bonds to finance the purchase of a new machine. The face value of the bonds is $10,000,000 with a stated interest rate of 5%. The market rate at issuance of the bond is 4.5%. The term of the bonds is 5 years. Interest is paid annually on December 31. At the end of the second year, due to favorable changes in interest rates (rates have gone down to 4%), Henry Paul settles the bonds, paying the face value of $10,500,000 to retire the bonds. Would the company recognize a gain or a loss on retirement of the bonds? Gain Loss O Neither