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Question Completion Status: Close Window Save and Submit Click Submit to complete this assessment Question 6 of 6 Question 6 4 points Save Answer The long-term liability section of Northwest Corporation's balance sheet as of December 31, 2020, included 5% bonds having a face amount of $660,000 and a remaining discount of $80,000 Disclosure notes indicate the bonds were issued to yield 7%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. On July 1, 2021, Northwest retired the bonds at 102 before their scheduled maturity. What is the amount of gain (loss) on early extinguishment of bonds? (Do not add dollar sign, do not add comma by yourself to your amount, round the answer to the whole number; use minus sign if the amount is negative) Click Submit to complete this assessment Question 6 of 6 Close Window Save and submit esc *. 30 888 . *** . # 3 $ 4 % 5 A 6 & 7 7 7 2 8 9 Q W E R T Y U tab 10 A S D F G H H K caps lock Z C V B N M SA all