Saved Help Save & Exit Sub X2 issued callable bonds on January 1, 2021. The bonds pay interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance until maturity Decrease in Carrying Value Interest Expense Cash Paid Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 $ 8,160 8,160 8,160 8,160 8,160 $ 7,433 7,382 7,327 7,269 7,207 $ 727 778 833 891 953 Carrying Value $ 106,182 105,455 104,677 103,844 102,953 102,000 X2 buys back the bonds for $105,040 Immediately after the interest payment on 12/312022 and retires them. What gain or loss. If any, would X2 record on this date? Multiple Choice $363 loss, $1,242 loss work MyLab Mathies > Foods Connect - Class MATH Give Me Liberty Seved 12/31/2024 12/31/2025 Help Save & Exit Submit LOU 8,160 1,26% 7,207 891 953 102,935 102,000 X2 buys back the bonds for $105,040 immediately after the interest payment on 12/312022 and retires them. What gain or loss, if any, would X2 record on this date? Muniple Choice $363 loss. 51242 loss $3.040 gain No gain or loss