Question: On January 1 , 2 0 2 5 , Carla Vista Co . redeemed its 1 5 - year bonds of $ 6 9 8

On January 1,2025, Carla Vista Co. redeemed its 15-year bonds of $6980000 par value for 101. They were originally issued on January 1,2013 at 92 with a maturity date of January 1,2028. Carla Vista amortizes discounts and premiums using the straight-line method. What amount of loss should Carla Vista recognize on the reasmption of these bonds?
$69800
$97720
$181480
$0
On January 1,2025, Carla Vista Co. redeemed its 15-year bonds of

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