Monique Callon Is a Holder of $5,000 Par Value Jupiter $~~~~~~~~~~~~\$ 500,000$

Monique Callon is a holder of $5,000 par value Jupiter Inc.bonds.In accordance with the bond contract,Monique may redeem the bonds at 104.Immediately before the redemption,the balance sheet for Jupiter Inc.reports: 11% bonds payable $~~~~~~~~~~~~\$ 500,000$
Discount on bonds payable $~~~~~~~~~~~~~15,400$

What is the amount of the gain or loss on the redemption of Monique's bonds?

A) loss of $354
B) loss of $200
C) gain of $200
D) loss of $154