The December 31, 2017, balance sheet of Sheridan Company includes the following items: 10% bonds payable due December 31, 2026 $5050000 Unamortized premium on bonds payable 135000 The bonds were issued on December 31, 2016, at 103, with interest payable on July 1 and December 31 of each year. Sheridan uses straight-line amortization. On March 1, 2018, Sheridan retired $2040000 of these bonds at 98 plus accrued interest. What should Sheridan record as a gain on retirement of these bonds? Ignore taxes. please explain in detail please