Use the Present Value and Future Value Tables Included in Appendix

Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-A $200,000 bond with a carrying value of $208,000 was called at 103 and retired. In recording the retirement, the issuing company should

A) Record no gain or loss
B) Record a $6,000 loss
C) Record a $8,000 gain
D) Record a $2,000 gain