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On July 1,2025, Montana Company has bonds with balances as shown below. Bonds Pavahle If the company retires the bonds for $67,150, what will be

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On July 1,2025, Montana Company has bonds with balances as shown below. Bonds Pavahle If the company retires the bonds for $67,150, what will be the effect on the income statement? A. sales revenue of $62,600 B. loss on retirement of $4,550 C. gain on retirement of $4,550 D. no effect on net income

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