Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity:

Date	Cash Paid			Interest Expense			Increase in Carrying Value			Carrying Value
01/01/2021										$	313,250
06/30/2021	$	13,200		$	15,663		$	2,463			315,713
12/31/2021		13,200			15,786			2,586			318,299
06/30/2022		13,200			15,915			2,715			321,014
12/31/2022		13,200			16,051			2,851			323,865
06/30/2023		13,200			16,193			2,993			326,858
12/31/2023		13,200			16,342			3,142			330,000

THA buys back the bonds for $316,089 immediately after the interest payment on 12/31/2021 and retires them. What gain or loss, if any, would THA record on this date?

Multiple Choice

• $2,839 loss.

• $2,210 gain.

• $13,911 gain.

• No gain or loss.