Wildhorse Company purchased $1170000 of 8%, 5-year bonds from Carlin, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $1220226 at an effective interest rate of 7%. Using the effective interest method, Wildhorse Company decreased the Available-for-Sale Debt Securities account for the Carlin, Inc. bonds on July 1, 2021 and December 31, 2021 by the amortized premiums of $3948 and $4092, respectively. At February 1, 2022, Wildhorse Company sold the Carlin bonds for $1205700. After accruing for interest, the carrying value of the Carlin bonds on February 1, 2022 was $1210500. Assuming Wildhorse Company has a portfolio of available-for-sale debt investments, what should Wildhorse Company report as a gain (or loss) on the bonds?

$-9726.

$-14526.

$-4800.

$0.