Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2018. THA's accountant has projected the following amortization schedule from issuance until maturity: Interest Expense Increase in Carrying Value Cash Paid Carrying Value 1/1/2018 6/30/2018 12/31/2018 6/30/2019 12/31/2019 6/30/2020 12/31/2020 $313,773 316,099 318,565 321,179 323,950 326,887 330,000 $18,826 18,966 9114 $16,500 16,500 16,500 16,500 16,500 16,500 $2,326 2,937 3,113 19,613 THA buys back the bonds for $316,895 immediately after the interest payment on 12/31/2018 and retires them. What gain or loss, if any, would THA record on this date? $1,670 gain O $13105 gain O $3,122 loss O No gain or loss