On December 31, 2010, Gold Company purchases 80% of the common stock of Silver Corp. for its underlying book value of $480,000. On that date, the fair value of non-controlling interest was equal to 20% book value of Silver. Gold accounts for its investment in Silver using the equity method. On January 1, 2011, Silver issues 10-year, 10% bonds payable with a face value of $200,000 at 102 to a non-affiliate called Bronze Co. The bonds pay interests on June 30 and December 31. Both Silver and Gold amortize bond discount and premium using the straight-line method. On December 31, 2011, Gold purchases all the Silver's bonds from Bronze for $191,000 when the bonds have a book value of $203,600 on Silver's books. The entry to eliminate the intercorporate bond holdings and recognize the gain on the constructive retirement of the bonds to prepare consolidated financial statements for 2011 includes