Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountants projected the following amortization schedule from Issuance until maturity Interest Increase in Carrying Carrying Date Cash Paid Expense Value Value 01/01/2021 $194,758 06/30/2021 $7.000 $7.790 790 195.548 12/31/2021 7,000 7.822 822 196,370 06/30/2022 7,000 7,855 855 197225 12/31/2022 7,000 7,889 889 198.114 06/30/2023 199.039 7.000 7.925 925 12/31/2023 7.000 7.961 961 200,000 THA buys back the bonds for $196,000 immediately after the interest payment on 12/31/2021 and retires them. What gain or loss, if any, would THA record on this date? O No gain or loss. $1.242 loss. $4.000 gain