Question 28 2 pts Forrow Corporation issued Caltable Bonds on January 1, 2021 Forrow's Accountant has projected the following Amortization Schedule from issuance of the Bonds until maturity. Increase Cash Interest in Carrying Date Paid Expense Carrying Value Value 1/1/2021 $194.758 6/30/2021 $7.000 $7.790 $790 $195,548 12/31/2021 $7.000 $7,822 $822 $196,370 6/30/2022 $7,000 $7,855 $855 $197.225 12/31/2022 $7.000 $7.889 $889 $198,114 6/30/2023 $7.000 $7.925 $925 $199.039 12/31/2023 $7,000 $7,961 $961 $200.000 Forrow Corporation buys back calls) the Bonds for $196,000 immediately after the Interest payment on 06/30/2022 and retires the Bonds. The Gain or Loss, if any, that Forrow Corporation record on the date the Bonds are called is: 51.242 Loss $4,000 Gain 51.225 Gain No Gin or loss MacBook Air od F DII DO FO VO A VR 6 & 7 00* 8 9 O Y U I 0