Warson Company issued $300,000 of 9% term bonds On Jan.1, 2018, due on Jan.1, 2023. Interest is Paid Semiannually July1, 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, if it was retired in exchange of Building has book value of $290,000 and fair value of $305,000. Compute Gain or loss from Building Retiring?