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Vaughn Company acquires 59, 9%, 5 year, $1000 Community bonds on January 1, 2020 for $59000. If Vaughn sells all of its Community bonds for

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Vaughn Company acquires 59, 9%, 5 year, $1000 Community bonds on January 1, 2020 for $59000. If Vaughn sells all of its Community bonds for $63400, what gain or loss is recognized? Gain of $9710 O Loss of $9710 O Loss of $4400 O Gain of $4400

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