S9-10. (Learning Objective 3: Account for a bond payable retirement before maturity) Jamison Corporation has $300 million of debenture bonds outstanding that have an unamortized discount of $30 million. Lower interest rates convinced the company to pay off the bonds now by purchasing them on the market where the price of the bonds is 98. What is Jamison's gain or loss on the retirement of the bonds? How would this gain or loss be shown in the financial statements