Question 13(1 point) Shopify Corporation has $200,000 in bonds outstanding....

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Accounting

Question 13(1 point)
Shopify Corporation has $200,000 in bonds outstanding. The unamortized premium on these bonds is $3,000. If the corporation redeems these bonds at 99, what is the gain (loss) on retirement?
Question 13 options:
$1,000
-$1,000
-$2,700
2,700
$5,000

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