On January 1.2015 Jinn Inc. issued 10-year, $100,000 bonds for 105. The bonds have a stated rate of 10% and pay interest annually on December 31st each year. One year later on January 1, 2016, inc retires the $100,000 bonds by repurchasing them in the market for $106,000. What is the r loss on the retirement of the bonds if Jinn uses straight-line amortization? $1000 gain loss $1,000 loss $1,500 gain