Barr Company Acquires 60, 10%, 5 Year, €1,000 Community Bonds

Barr Company acquires 60, 10%, 5 year, €1,000 Community bonds on January 1, 2011 for €61,250.This includes a brokerage commission of €1,250. If Barr sells all of its Community bonds for €62,500 and pays €1,500 in brokerage commissions, what gain or loss is recognized?

A) Gain of €2,500
B) Loss of €250
C) Gain of €250
D) Gain of €1,250