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What loss would be recognized on the called bonds

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Question - Didde Company issues 25,000,000 face value of bonds at 96 on January 1, 2016. The bonds are dated January 1, 2016 pay interest semi annually at 8% on June 30 and December 31 and matures in 10 years. Straight line amortization is used for discounts and premiums On September 1,2019 15,000,000 of the bonds are called at 102 plus accrued interest. What loss would be recognized on the called bonds on September 1, 2019?

Reference no: EM132288866

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