Question - On Aug 1 2017, Alpha Company retired a $10000 bond at 105. 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 info to determine the dollar value of Alpha Company:
1. Gain or loss on retirement of bond (Enter any loss dollar & amount inside of brackets)
2. Cash paid to retire the bond issue
3. Amount of Interest Payable liquidated at retirement
4. Amount of Premium or Discount on bond payable liquidated at retirement