CALCULATOR FULL SCREEN PRINTER VERSION (BACK NEXT Multiple Choice Question 82 Blossom Company purchased $1300000 of 8%, 5-year bonds from Carlin, Inc. on January 1, 2018, with interest payable on July 1 and January 1. The bonds sold for $1348896 at an effective interest rate of 7%. Using the effective interest method, Blossom Company decreased the Available for Sale Debt Securities account for the Carlin, Inc., bonds on July 1, 2018 and December 31, 2018 by the amortized premiums of $5248 and $5392, respectively. At February 1, 2019. Bloom Company sold the Carlin bonds for $1337000. After accruing for interest, the carrying value of the Carlin bends on February 1, 2019 was $1340500. Assuming Blossom Company has a portfolio of available for sale debt investments, what should Blossom Company report as a gain (or loss) on the bonds