Oriole Company received proceeds of $867000 on 10-year, 7% bonds issued on January 1, 2016. The bonds had a face value of $920000, pay interest annually on December 31st, and have a call price of 104. Oriole uses the straight-line method of amortization. Oriole Company decided to redeem the bonds on January 1, 2018. What amount of gain or loss would Oriole report on its 2018 income statement? o $79200 loss O $79200 gain 0 $42400 loss O $42400 gain