On July 1, 2018 Mass Corporation issued for $960,000 one thousand of its 9 percent, $1,000 callable bonds. The bonds are dated July 1,2008 , and mature on July 1,2028 . Interest is payable semiannually on January 1 and July 1 . Mass uses the straight-line method of amortizing bond discount. The bonds can be called by the issuer at 101 at any time after June 30,2023 . On July 1,2024, Mass called in all of the bonds and retired them. Ignoring income taxes, how much loss should Mass report on this early extinguishment of debt for the year ended December 31, 2024? a. 50,000 b. 34,000 c. 26,000 d. 10,000