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Moving to another question will save this response, Question 5 of 13 Question 5 10 points Save And On January 1, 2021, Patty Company issued $1,100,000 of 4%, 10-year bonds for 98. Patty retired all of these bonds on January 1, 2022, at 103. If Patty uses the straight-line amortization, how much loss should be recognized on this bond retirement? (Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number)