Question 24 1 pts On January 1, 2020, Company Y issued a bond at 103 with a par value of $2,000,000, due in 30 years. On January 1, 2030, the company calls the entire issue at 104. What is the loss or gain on redemption? Assume the premium is amortized using straight-line. $60,000 gain $40,000 loss $60,000 loss $40,000 gain