The 10% bonds payable of Crane Company had a carrying amount of $4060000 on December 31.2020 . The bonds, which had a face value of $3900000, were issued at a premium to yield 8%. Crane uses the effective-interest method of amortization. Interest is paid on June 30 and December 31 . On June 30,2021, several years before their maturity, Crane retired the bonds at 104 plus accrued interest. The loss on retirement, ignoring taxes, is $0. $28600. $46200. $156000