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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 Increase in

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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 Increase in Interest Carrying Carrying Date Cash Paid Expense Value Value 01/01/2021 $236,895 06/30/2021 $7,500 $9,476 $1,976 238,871 12/31/2021 7,500 9,555 2,055 248,926 06/30/2022 7,500 9,637 2,137 243,863 12/31/2022 7,500 9,723 2,223 245, 286 06/30/2023 7,500 9,811 2,311 247,597 12/31/2023 7,500 9,983 2,403 250,000 THA buys back the bonds for $239.216 immediately after the interest payment on 12/312021 and retires them. What gain or loss, if any, would THA record on this date? Multiple Choice No gain or loss $10,784 gain 50 of 50 Next

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