QUESTION 5 Because of changing market conditions, a company made the decision to redeem $900,000 of its bonds prior to maturity. The bonds originally sold for S952,250 and the unamortized premium at the time of redemption was 28,100. The corporation's bond certificates indicated that the bonds could be retired early at 104. Determine the gain or loss on the bond retirement. A $7,900 gan B.$11,850 loss C.s37.124 loss D.$7,900 loss E$11,850 gain