Questo 16 Not yet wered On lanuary 1, 2021, Gorski Corp purchased $1.000.000 10% bonds for $100.000 These bonds were to mature on anary 1, 2031, but were redeemable 12 any time she December 11, 2004. Interest was payable semiannually only and January 1 On 1.2026, Gorski redeemed to the bonds Bond premium mortodonate.Gorgenro 2020 300 aut Select one O a $20,000 loss b. $12.000 loss O c510.000 gain od 000 loss ... 52.000 gain Quo 17 How would the amortization of premium on noncurrent bond investments affect each of the following? Select one answered Points out of 100 Flag question Carme Bond et income Increase Decrease O Caution Netcome Increase Increase Carnaval Bond Neincome Decrease Decrease Card time Decrease Increase Caminaat Bond Net income No Elect increa