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On July 1, 2022, immediately after recording interest payments. Salsa, Incorporated retired one fith of its $502,000 of bonds payoble for $97,700. The bonds were

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On July 1, 2022, immediately after recording interest payments. Salsa, Incorporated retired one fith of its $502,000 of bonds payoble for $97,700. The bonds were onginally issued ot par volue in 2017 . Which of the following stategents is correct? Multeple Choloe Agein of 5404,300 wit be reported on the income siotemert A 0ain of 52700 wil bereported on the incoene stedement Aloss of 52,700 wit tse reported ort the inconve Motentent Stocktolders' equty is not offected by the bond retiemeot

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