TB MC Qu$.10-117($Static$)$ A company has bonds...

A company has bonds outstanding with a par value of $$100,000.$ The unamortized premium on these bonds is $$2,700.$ If the company retired these bonds at a call price of $$99,000,$ the gain or loss on this retirement is:

Multiple Choice

$$1,000$ gain.

$$1,000$ loss.

$$2,700$ gain.