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Problem 1: On August 1, 2017, Alpha Company retired a $10,000 bond at 102. On July 31, 2017 Alpha had accrued the interest payment for $250. At the date of retirement, the unamortized discount on the bonds was $400. Use this information to determine the dollar value of Alpha Company's: (Round all dollar values to the nearest whole dollar.)
Option 1. Gain or Loss on Retirement of Bond: enter any loss dollar & amount inside of brackets ( )
Option 2. Cash paid to retire the bond issue
Option 3. Amount of Interest Payable liquidated at retirement
Option 4. Amount of Premium or Discount on Bond Payable liquidated at retirement
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