On January 1, Y1, Homer Corporation issued $2 million of 10-year bonds for $2.3 million. On December 31, Y5, Homer repurchased the bonds issued for $2.1 million. Assume the straight- line method is used for premium amortization. What is the taxable income to Homer on the repurchase of the Y1 bonds? O $300,000. O $150,000, O $200,000. $50,000.