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Printem Bonds Payable has a balance of $972,000 and Discount on Bonds Payable has a balance of $9,720. If the issuing corporation redeems the

Printem Bonds Payable has a balance of $972,000 and Discount on Bonds Payable has a balance of $9,720. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption? O. $9,720 Ob. 19.720 O $14,500 Od. $14,500

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