The 10% bonds payable of Hanna Co. had a carrying amount of $4,160,000 on December 31,2019 . The bonds, which had a face value of $4,000,000, were issued at a premium to yield 8%. Hanna uses the effective-interest method of amortization. Interest is paid on June 30 and December 31 . On June 30 , 2020, several years before their maturity, Hanna retired the bonds at 105 plus accrued interest. The loss on retirement, ignoring taxes, is a. $46,200 b. $73,600 c. $58,800 d. $32,000