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A corporation paid $104,000 to retire bonds with a face value of $100,000 and an unamortized premium balance of $3,000. The entry to record the early retirement of the bondfs will include the recognition of a loss of:

a)$7,000
b)$4,000
c)$1,000
d)$3,000
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A corporation paid $104,000 to retire bonds with a face value of $100,000 and an unamortized
premium...