Question: Dime Inc. bought $ 1 0 0 , 0 0 0 of three - year, 6 % bonds as an investment on December 3 1

Dime Inc. bought $100,000 of three-year, 6% bonds as an investment on December 31,2018, for $106,000. The investment receives interest annually, and Dime uses straight-line amortization. On May 1,2019, the issuer retired $10,000 worth of the bonds at 110. As a result of the retirement, Dime will report a
Question 6 options:
A)
$467 loss.
B)
$10,000 gain.
C)
$467 gain.
D)
$10,000 loss.

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