Warson Company issued $300,000 of 9% term bonds On Jan. 1. 2018, due on Jan 1, 2023. Interest is Paid Semiannually July 1, and Jan 1. at the date of issuance the effective Interest Rate 10%. Compute the Gain or loss from Bonds Retirement at Jan.2,2020, iFit was retired in exchange of Building has book value of $290,000 and fair value of $305,000. Compute Gain or loss from bonds retirement