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On March 31, 2016, Bundy Company retired $11,020,000 of bonds, which have an unamortized premium of $670,000, by paying bondholders $10,785,000. What is the amount

On March 31, 2016, Bundy Company retired $11,020,000 of bonds, which have an unamortized premium of $670,000, by paying bondholders $10,785,000. What is the amount of the gain or loss on the retirement of the bonds

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