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Unsure of how to solve 17. On January 1, 2020, BBB Corp. issued 8%,$640,000,10-year bonds at 102 . After four years, BBB decided to retire

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17. On January 1, 2020, BBB Corp. issued 8%,$640,000,10-year bonds at 102 . After four years, BBB decided to retire all of the bonds for 103 . BBB amortizes any discount or premium on a straight-line basis. What would be the loss on early extinguishment? A. $14,080 B. $7,680 C. $12,800 D. $11,520

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