The long-term liability section of Novdia Corporation's balance sheet as of December 31, 2021, included 6% bonds having a face amount of $360,000 and a remaining discount of $20,000. Disclosure notes indicate the bonds were issued to yield 8%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. On July 1, 2022, Novdia retired the bonds at 103 before their scheduled maturity. What is the amount of gain (loss) on early extinguishment of bonds? $30,800 $28,000 $28,700 O $29,500