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Sagot :
The gain on retirement is $6200.
What is the Gain?
A capital gain is an increase in the value of a capital asset, such as real estate or investment, that makes it more valuable than when it was first purchased. Until an investment is sold for a profit, an investor does not have a capital gain.
Given the book value of a bond is $228,200 and the amount paid to the bondholders is $222,000.
Gain on retirement of bonds = book value of bond - the amount paid to the bondholders
Gain on the retirement of bonds = $228,200 - $222,000
Gain on the retirement of bonds = $6200.
Hence, there will be a gain on the retirement bonds of $6200.
To know more about Gain refer to: https://brainly.com/question/12447326
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